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Standard & Poor's Ratings Services said today it lowered to 'BB+' from 'BBB' its long-term counter party credit and insurer financial strength ratings on Germany-based Gerling-Konzern Allgemeine Versicherungs-AG (GKA) and Gerling-Konzern Lebensversicherungs-AG (GKL). The ratings remain on CreditWatch with developing...
#DEC#insurance#management
The latest analysis from the DTI's Small Business Service shows that 91.4 per cent of VAT-registered businesses are still trading…
#interest rates#small business#small businesses
The Association of Business Recovery Specialists, R3, the body representing business rescue professionals, today contradicted the government’s latest figures for…
#insolvencies#R3#training
The FDA’s latest quarterly statistics show a decrease of 2% in export factoring volume and a decrease of 1% in…
Commercio e Finanza Leasing e Factoring SpA (CFLF), which is headquartered in Naples, is raising Ђ241.8 m through the planned…
#cash-flow#guarantee#insurance
The net profit of Estonia's Uhisliising (Uhispank Leasing) group was 99 million kroons (Ђ6.33 m) last year against 58.4 million…
More than half of the companies within the apparel and home goods industries have failed to diversify their customer base…
#CIT#credit protection#management
According to Samoobrona (Self-defence) leader Andrzej Lepper, farmers’ protests have been caused by improper financial policy. "SMEs are going bankrupt,…
#Paid#poland#smes
Small and medium-sized companies are increasingly pessimistic about the future of the domestic economy but still have no plans to…
#bank#recession#small businesses
The FDA has released its 2002 Annual Figures on the factoring and invoice discounting industry showing that the UK market…
If working capital were to be renamed "waiting capital", perhaps a revolution of comprehension and corrective action might follow. Instead,…
#bank#commercial finance#international
The leasing and factoring portfolio of Latvia's Hanza Lizings company gained 31 percent last year to 167 million lats, holding…
The Scottish banking scene continues to be highly competitive. In recent years, a significant number of overseas banks in particular…