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Germany

Dresdner Factoring reorganization complete

The factoring company, which specializes in SME finance said expected cost reductions will be effective as of May 2007. (more…)

Coface Deutschland sees turnover and profit up for 2006

Coface Deutschland, the German subsidiary of French credit insurer Coface, increased post-tax profit from €1.6m to €14.4m last year, while…


Factoring and foreign activities promote GrenkeLeasing growth

GrenkeLeasing, the German leasing company, has reported a rise of 7 per cent in the volume of new business in…

#leasing


Dresdner Factoring AG: Annual report for 2006 published

The Group's earnings performance in the first quarter of 2007 is different for its two operating companies: TEWEFA Factoring GmbH…

#liquidity#management#receivables


Factoring a growing source of finance for SMEs

If they are denied a bank loan or if such a loan is too expensive, factoring in many cases is…

#bank#bank loan#BFM


Dresdner Factoring share plummets following profit correction

Dresdner Factoring, the German factoring service provider, has corrected its pre-tax profit for 2006 downwards by more than 80 per…


Dresdner Factoring restructures Board, corrects preliminary results

The Supervisory Board of Dresdner Factoring AG has passed a resolution to restructure the company's Management Board. It has appointed…

#leasing#management#receivables


Dresdner Factoring AG planning stock buy-back programme

The Management Board of Dresdner Factoring AG passed a resolution to buy back shares in accordance with (more…)

#management


VR Leasing and VR Factorem register strong growth

Turnover of the group's subsidiary VR Factorem soared (more…)


Allianz to close six Euler Hermes offices

Allianz, the German insurer, has revealed that it will close down six of the 17 offices of its subsidiary Euler…


Germany 2006-2007 – Factoring market in period of dynamism...

The German factoring industry is enjoying long-term consistent growth, averaging 18.5% per year since 2001. Though factoring is readily accepted as an…

#bank#commercial finance#Credit Agricole


Dresdner Factoring presents record figures

Dresdner Factoring, which went public last year, has revealed that it closed 2006 with record figures. Turnover from factoring services…

Dresdner Factoring signs Letter of Intent for the purchase...

Dresdner Factoring AG has signed a non-binding letter of intent with the owner for the purchase of (more…)

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