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Fortis NV may seek acquisitions in Germany as it pursues its goal of earning 30 per cent of its revenues outside of the Benelux region, said Theo Narinx, head of Fortis Deutschland (more…)
#asset management#leasing#management
The first platform to securitise borrower notes for small- and medium-sized companies (SMEs) in Germany is being launched (more…)
GE Commercial Finance, the business- to-business financing unit of General Electric, has completed the acquisition of Heller Bank AG, one…
#bank#commercial finance#financial services
Heller Bank is one of the top factoring banks - nationally and internationally, with a reputation as one of the…
Arvato, the printing subsidiary of German media giant Bertelsmann, is planning to take over Infoscore, a German financial service provider,…
#credit risk#financial services#risk
German financial services provider Dresdner Factoring achieved further growth in 2004. In comparison to the previous year, loan turnover increased…
German state-owned development bank Kreditanstalt fur Wiederaufbau (KfW) has announced that it awarded more loans to medium-sized business in 2004…
#bank#Boost#economy
Deutsche Bank, the largest bank in Germany, is planning to conduct more business with small- and medium-sized enterprises (SMEs). Over…
Experts at credit insurer Euler Hermes expect a 0.8 per cent rise in company insolvencies to 38,000 in 2005, following…
The export financing division of German state-owned bank Kreditanstalt fur Wiederaufbau (KfW), has announced plans to enter the leasing market.…
#acquisition#bank#funding
The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…
#insolvencies#insolvency#insurance
German bankers may not like to admit it, but for the first time in post-war German history, the country's small-and…
#bank#bank loan#Deutsche Bank
German state export credit guarantees, the so-called “Hermes coverage” with which the German government protects German exporters from payment defaults…