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Fortis and Prudential Financial, Inc. of the United States today signed an agreement under which Fortis will acquire 100% of Dryden Wealth Management ('Dryden') for a purchase price of approximately US$104 million or €85 million. A further contingent payment of...
#acquisition#bank#international
Belgian Fortis Bank recently opened its first representation office in Budapest, Napi Gazdaság reported. Fortis plans to be active in…
#bank#cash management#leasing
Small- and medium- sized businesses (SMEs) would pay 10% instead of 16% profit tax on the first Ft 5m of…
Key points:State Securities introduces factoring for UK SME’s Expertise in plant hire, printing and transportation industries ‘One stop shop’ funding…
The International Finance Corporation, the private sector arm of the World Bank Group, will provide US$5 million to Factorline S.A.…
#bank#international#management
Top Singaporean financial company in bid to break into Thai market, The Nation reports. International Factors (Singapore) has agreed to a…
#bank#financial services#guarantees
Export Development Canada (EDC), Canada's export credit agency, and the Canadian arm of a worldwide business-to-business trade facilitator, Compagnie Française…
Italian leasing and factoring group Banca Italease yesterday saw its share price drop by 1.29 per cent to close at…
#awards#late payment
Speaking at a conference on Monday, the chairman of the Export Credit Insurance Company (KUKE), Jaroslaw Biernacki pointed to figures…
Progressive Employer Services, a privately held professional employer organisation (PEO), announced today that it has entered into a US$5m revolving…
#bank#cash-flow#funding
Chilean credit insurance company, Mapfre Garantías y Créditos, is on track to increase its profits by 55 per cent to…
In today's business environment, China has become the country of choice for companies who want to benefit from the vast…
#bank#funding#small businesses