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Arvato, the printing subsidiary of German media giant Bertelsmann, is planning to take over Infoscore, a German financial service provider, and to integrate its own financial services division, which includes 600 staff, into the company. A new joint venture, Arvato-Infoscore,...
#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…
Just a few weeks ago, economics minister Wolfgang Clement said the main impediment to economic growth was the restrictive lending…
#bank#banks#bonds
The 20 companies that make up the German factoring association increased their turnover by almost 25 per cent in the…
#German Factoring Association
Enterprise Finance Europe (EFE) started its business activities in 2002 as a 100 per cent subsidiary company of the Bank…
The German banking group of the state development bank Kreditanstalt fur Wiederaufbau (KfW), KfW Bankengruppe, has joined forces with public-sector…