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GM board to consider GMAC sale, new player on...

General Motors Corp.'s board met for the first time yesterday with new member Jerome York (more…)

#bank#bankruptcy#Jobs

Turnover and profit up at Euler Hermes

Leading global credit insurance group Euler Hermes recorded a jump in net profits to (more…)

#insurance


Invoice through us – or lose your loan

Small firms are under pressure to take up factoring services from the big four High Street banks, or find the…

#bank#invoice#NatWest


GM board may review bid for finance arm

General Motors Corp.'s board may review a bid for a majority of its finance unit today (more…)


FBN increases SME's access to finance

First Bank Nigeria PLC (FBN) last week introduced a suite of products designed to increase customer access to its finance…


Sarbanes-Oxley leads to surge in corporate restatements

Research presented by Glass Lewis Co. and cited by the Wall Street Journal indicates that the number of public companies…


Dresdner Factoring examining possibility of flotation

Dresdner Factoring, the German company specialising in financing for small- and medium-sized companies (SMEs), is examining the possibility of a…

#smes


Fortis realises 45% increase in 2005 net profit before...

Fortis has, in the interest of transparency, decided to bring forward headline information (more…)

#financial institutions#financial services#insurance


Coface warns firms on growing problem of credit risk...

The head of a credit insurance company yesterday cautioned mainland-based Taiwanese enterprises against credit risk, a growing problem facing investors…


New export factoring product launched

Melfast Factoring has a new export factoring product to help exporting companies get their earnings on time and retain market…


Coface aims to grow premiums 11% in 2006

The Chilean subsidiary of French credit insurer Coface aims to grow premiums by 11-12% this year, up from (more…)


New factor enters the market

The Latvian leasing and factoring sector has a new player (more…)

Interest rate cut to lowest level

The Monetary Policy Council decided yesterday to cut interest rates by (more…)

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