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2005, a year of profitable growth for Euler Hermes

When presenting the results for 2005 to the Supervisory Board of Euler Hermes on 22 March 2006, the Management Board confirmed the excellent results that the Group published on 3 March 2006: Turnover  up 6.9 % (more…)

#Allianz#cash-flow#guarantees

Cabei to grant US$10m to Central American SMEs

The Central American Bank for Economic Integration (Cabei) has announced that it will grant US$10m to micro, small- and medium-sized…


Factory orders grow for second month – CBI

Manufacturers expect their factory output to increase in the Spring as order books continue to fill, according to the CBI's…

#recession#Two#WHO


Investor group completes acquisition of majority stake in GMAC...

An investor group has completed the acquisition of a majority interest in GMAC Commercial Holding Corp. (GMACCH) from General Motors…


BancoEstado aims for 4-5% market share in factoring by...

Chile's third largest bank, state-owned BancoEstado expects to achieve a 4-5% market share in the local factoring business by year-end,…

#bank#confirming#international


CIT announces appointment of small business lending chief, retirement...

CIT Group Inc., a leading provider of commercial and consumer finance solutions, today announced the retirement of John Canning as…

#CIT#i#leadership


Finally, a reversal of fortunes for factoring in Europe?

Sluggish growth and lukewarm sales could be a thing of the past for the European factoring industry, according to the…


Banca Lombarda predicts leasing and factoring income up 20%...

 In a presentation of Banca Lombarda's 2006-2008 business plan, Faissola said loans made by the group's (more…)

#acquisition#bank#leasing


GE Commercial Finance seals a Ј10m invoice discounting and...

GE Commercial Finance's Business Finance unit has announced it has just completed a double deal with (more…)


Poll shows 16% of companies have zero tolerance for...

One in six UK companies will immediately terminate their contracts with customers who pay late, a survey has found. The…

#cash-flow#late payment#management


Government to begin breaking chain of debt

The government will also introduce guarantees, insurance and factoring services to assist (more…)


Carlyle spends US$25m for stake in SME credit guarantor,...

The Carlyle Group has invested US$25m to acquire new shares in a Chinese private credit guarantor for small- and medium-sized…

#ADB#bank#guarantees

SMEs' development weakened by lack of credit

Company crediting by banks is still at a low level in Romania compared with other states in the region, which…

#bank#regulation#risk

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