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Germany

EUROFACTOR AG names sole CEO

After many successful years at EUROFACTOR AG, Member of the Executive Board Ralf R. Bauer is to leave the company, effective 31 March 2006, in order to take a new challenge (more…)

VR Leasing factoring turnover up 27% in 2005

VR Leasing, the subsidiary of German co-operative bank DZ Bank, recorded a 16.6 per cent increase in operating profits to…


New entrant into factoring market

Werhahn, the German family-owned group is planning to branch out into offering factoring services through its... (more…)

#factoring industry#smes


L-Bank doubles funds for investing in SMEs

L-Bank, a bank owned by the German state of Baden-Wurttemberg, has doubled its funds for investing in small- and medium-sized…


Gerhard Vink of GE Capital Finance presents the latest...

Market Performance and Supply  In 1999 the 12 members of the Deutscher Factoring-Verband e.V. (German Factoring Association) achieved a total…

#bank#German Factoring Association#interest rates


Barbara Kohl and Dr. Ulrich Brink Assess the Growing...

Barbara Kohl and Dr. Ulrich Brink, lawyers  Introduction  In the year 2000 the German Factoring association had 15 factoring companies…

#assignment of receivables#bank#international


A report on the export insurance programmes and factoring...

After a wave of consolidation, only three major sources provide private export credit insurance cover in Germany: Euler Hermes, a…


Drop in factoring income dramatically affects profits of Postbank’s...

Deutsche Postbank AG's recent acquisition BHW Holding AG's latest figures for the third quarter show that operating profits have fallen…


Borse plans for SME stock market approved by investment...

The investment sector in Germany has welcomed plans by German stock market operator Deutsche Borse to (more…)


Fortis tipped to seek acquisitions in Germany, sees ‘great...

Fortis NV may seek acquisitions in Germany as it pursues its goal of earning 30 per cent of its revenues…

#asset management#leasing#management


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…

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