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Germany

Commerzbank to launch new ABS product

The first platform to securitise borrower notes for small- and medium-sized companies (SMEs) in Germany is being launched (more…)

Deal solidifies GE’s position as European factoring leader

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 use Monarch to analyse reports and save...

Heller Bank is one of the top factoring banks - nationally and internationally, with a reputation as one of the…


Arvato acquires Infoscore to provide factoring and credit risk...

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


Continued growth in 2004 for Dresdner Factoring

German financial services provider Dresdner Factoring achieved further growth in 2004. In comparison to the previous year, loan turnover increased…


KfW to fund more SMEs

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 to conduct more business with SMEs

Deutsche Bank, the largest bank in Germany, is planning to conduct more business with small- and medium-sized enterprises (SMEs). Over…


Insurance expert predicts rise in company insolvencies in coming...

Experts at credit insurer Euler Hermes expect a 0.8 per cent rise in company insolvencies to 38,000 in 2005, following…


Bank’s export financing division to enter leasing market

The export financing division of German state-owned bank Kreditanstalt fur Wiederaufbau (KfW), has announced plans to enter the leasing market.…

#acquisition#bank#funding


Business insolvencies drop in 2004 – Euler Hermes

The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…

#insolvencies#insolvency#insurance


Structured finance lifts credit clouds over SMEs

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


Poor payment morale troubles state export guarantor

German state export credit guarantees, the so-called “Hermes coverage” with which the German government protects German exporters from payment defaults…

Businesses bypass traditional loans

Just a few weeks ago, economics minister Wolfgang Clement said the main impediment to economic growth was the restrictive lending…

#bank#banks#bonds

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