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Fortis Lease has signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, from Deutsche Immobilien Leasing GmbH (DIL) in a cash transaction valued at approximately Ђ30 million. Karel De Boeck, CEO of Fortis...
Italian factoring bank Banca IFIS is to launch a convertible bond issue of up to Ђ50m. The issue price of…
#Banca IFIS#bank#Italian factoring
Carma Financial Services Corporation (CFS), a provider of business-to-business accounts receivable management services, has announced that it has entered into…
#acquisition#financial services#management
Citibank Handlowy is looking to tap into the lucrative small- and medium-sized enterprise (SME) market with a new product targeted…
#Access to Finance#acquisition#bank
The small business sector is being urging to wake up, smell the coffee and get ready to take advantage of…
#financial services#risk#small business
#small business
Dutch bank ABN Amro has made three appointments to its Asian asset securitisation team it says are aimed at boosting…
#ABN AMRO#bank#financial services
The interest rate for companies wishing to apply the late payment legislation will be 12.5% for the period 1 July…
The Kenya and Tanzania Institute of Bankers and the Africa Project Development Facility (APDF) have teamed up to carry out…
#ADB#African Development Bank#bank
Liverpool-based factoring and invoice discounting company Bibby Financial Services has signed a deal with Chester's GB Group to use its…
#anti-money laundering#financial services#invoice
The Export Credit Guarantee Corporation of India (ECGC) is finalising a special credit insurance package for software exports from India,…
China's banking sector, aided by the nation's entry to the World Trade Organisation (WTO), is poised to press on with…
UK corporate profitability has fallen for 18 consecutive quarters and is now barely one-third the level achieved in early 1999……