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Gerling-Konzern, the struggling German insurance group, is reported finally to be making some headway in the planned sale of Gerling NCM, its credit insurance subsidiary, to Swiss Re, the Swiss reinsurance giant. Until now, German banking group Deutsche Bank, a...
#bank#Deutsche Bank#insurance
Despite a strong pound, weak stock market and the continuing political uncertainty in the Middle East, Britain’s export sector remains…
#business finance#exporters#exports
GMAC Commercial Finance, the UK's largest independent invoice finance and asset based lending specialist, has agreed to a Ј5m refinancing…
#cash-flow#commercial finance#funding
Key Points · Business confidence continues to deteriorate with half of SMEs less optimistic about business prospects. · 37% of…
Small businesses are better placed to survive the current downturn than they were during the last UK recession, according to…
Banco Comercial Portugues has reported net income for the first quarter of 2003 at Ђ95.6m, 36.7% up from the last…
#asset management#Boost#leasing
Muscat Finance Co Ltd, which is operating in three main areas such as retail financing, equipment leasing and factoring and…
#banks#capital requirements#international
DrugMax, Inc. has announced that the company has secured a three-year, US$40m credit facility with Congress Financial Corp., a subsidiary…
Of the Rs 95 crore credit that the Credit Guarantee Fund Trust For Small Industries (CGTSI) has disbursed, Karnataka leads…
#bank#guarantee#guarantees
The company registered good financial performance in the nine-month period ending December 2002. The funds deployed during this period grew…
#banks#interest#interest rate
GE Commercial Finance has announced the promotion of Martin Risman as the new sales and marketing leader based in the…
The latest business confidence survey from the Irish Small and Medium Enterprises organisation, ISME, was published this morning. The results…
#economy#exports#small business
Margrith Lьtschg-Emmenegger, formerly MD and global head of forfaiting at WestLB in London has decided to call it a day…