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German small- and medium-sized companies (SMEs) are considerably more sceptical about their future financing parameters than their foreign peers, according to a new four-country study by Siemens Financial Services in cooperation with F.A.Z.-Institut and the University of Augsburg. The study,...
German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…
#bankruptcy#banks#economy
Business expectations in Germany deteriorated to levels last seen 10 years ago, when Europe's largest economy suffered from a severe…
Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…
#bank#Deutsche Bank#insurance
On Nov. 26, 2002, the EU Commission approved the creation of Industrieschutz Insurance Broker GmbH (IIB) retroactively from Oct. 1,…
Germany's closely-watched business climate Ifo index fell for a sixth consecutive month in November, confirming the fragility of German economic…
#bank#confirming#German economy
Lloyds TSB Commercial Finance today announced that it has joined forces with Bertelsmann Finance Service GMBH to provide invoice discounting…
VR Diskontbank, the German-based co-operative bank offering financial services in the areas of factoring and central regulation, last year showed…
#bank#financial services#regulation
The results of a representative survey conducted and recently released by Siemens Financial Services in Cooperation with the University of…
DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday.…
#bank#banks#Rabobank
Euro Sales Finance plc, the pan-European provider of sales finance solutions, today announced the appointment of Gerd Georg as director…
#i#management
German Chancellor Gerhard Schrцder, referring to his country’s reputation for high taxes and low growth, has declared that “The German…
#BCR Publishing
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
#bank#BCR Publishing#receivables