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Germany

Germany’s DG Bank and GZ Bank to Merge

DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday. The union will create the country's sixth largest bank with assets of E370bn ($340bn). The proposed deal comes a week...

#bank#banks#Rabobank

Euro Sales Finance strengthens its German management team

Euro Sales Finance plc, the pan-European provider of sales finance solutions, today announced the appointment of Gerd Georg as director…

#i#management


Revolutionary Tax Reforms to Sweep Germany

German Chancellor Gerhard Schrцder, referring to his country’s reputation for high taxes and low growth, has declared that “The German…

#BCR Publishing


Key Developments in German Factoring Market According to Bertelsmann

The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…

#bank#BCR Publishing#receivables


Fall in Market Share for DG Diskont

The bank is a market leader in Germany in the field of factoring, but has suffered a drop recently in…


Deutsche Factoring Bank Increases Turnover

Deutsche Factoring Bnak increased turnover by 8% to about 1.8bn euros in 1999. Annual net profits rose by 1% to…

#bank


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