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Assurances Generales de France credit assurance unit Euler Hermes said sales in the first quarter fell to Ђ466.7m from Ђ469.5m a year earlier. The group's factoring business also saw sales fall in the period, dampening the overall result. The fall...
Consolidation among Russia's biggest banking institutions is starting to take place as bankers realise that organic expansion will not provide…
#acquisition#bank#banks
In June 2003, Fortis Lease Group announced its intention to have a branch of its own in every country in…
On 1 May, the European Union ushered in 10 new countries, increasing the number of member states to 25. The…
President Sam Nujoma has urged financial institutions to stop hiding behind outdated policies and facilitate small and medium enterprises' access…
#bank#funding#small businesses
Now that Poland is part of the European Union, small businesses are worried they could be crowded out by large…
Cyprus Central Bank Governor announced that the Monetary Policy Committee (MPC) decided to increase the key interest rates by one…
#bank#interest#interest rates
Foreign direct investments (FDI) in Bulgaria have gone down by nearly 60.5 per cent over the first two months of…
#bank#investments#Two
Federal prosecutors say that a woman was arrested on Friday on a 15-count indictment alleging she sold fake invoices to…
#factoring fraud#fake invoices
Profits at Mexico's fourth-largest banking group Grupo Financiero Banorte (GF Banorte) widened year-on-year 5.7% to 559m pesos (US$49m) in the…
Chile's state business development agency Corfo has reported that it issued more than 50bn pesos (US$80m) in loans last year…
#investment#smes#Vice president
After a wave of consolidation, only three major sources provide private export credit insurance cover in Germany… To read a…
#export credit insurance#exporters#trade
According to those trying to push the economic benefits of enlargement of the European Union from 15 to 25 member…
#exports#financial services#forum