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On Nov. 26, 2002, the EU Commission approved the creation of Industrieschutz Insurance Broker GmbH (IIB) retroactively from Oct. 1, 2002. IIB is a joint venture of Siemens Financial Services GmbH (51%) and Aon Jauch & Hьbener GmbH - Versicherungsmakler...
Gerling Group said it has reached a deal to divest its reinsurance operations to a consortium headed by a former…
#insurance#reinsurance#risks
The Japanese Ministry of Economy, Trade and Industry plans one trillion yen (8.2 billion US dollars) in safety net measures…
#banks#funding#guarantee
Africa is a particularly risky continent on which to do business. In recognition of that reality, the South African government…
#bank#financial services#guarantees
Thousands of small businesses will find it easier to obtain bank loans because of changes announced in today's Pre Budget…
#bank#security#small business
Economy Minister Jacek Piechota has announced that a second legislative package will be issued this year to promote small and…
Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its…
#financial services#i#IBM
The European Bank for Reconstruction and Development (EBRD) and Hansabank will sign a cooperation agreement on financing the operation of…
#bank#leasing
CapitalSource, a leading commercial finance firm headquartered in Chevy Chase, Md., announced today the formation of a new division focusing…
#commercial finance#funding#smes
Euro Sales Finance has released its financial statement for the six-month period ended 31 December 2001. The company recorded a…
Germany's closely-watched business climate Ifo index fell for a sixth consecutive month in November, confirming the fragility of German economic…
#bank#confirming#German economy
The US economy grew faster in the third quarter than first reported, and consumer confidence rose from a nine-month low…
At their recent General Assembly, the International Factors Group decided to reposition and widen the scope of the Group’s role…
#commercial finance#credit protection#international