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The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the first quarter of 2002. The insurer, which belongs to the Franco-German insurance group AGF-Allianz, attributes this drop in earnings mainly...
#Allianz#insurance#interest rates
CIT Group Inc., a subsidiary of Tyco International Ltd. and parent of CIT Commercial Services, today announced second fiscal quarter…
It has been reported on the business news service, Zephus.com, that Nedcor Bank Ltd is to buy BOE Ltd in…
The Chailease Finance Cooperation, Taiwan’s market leader in international factoring, today announced they are relocating to new premises. From 29…
Fitch, the international rating agency, has affirmed Banco Santiago's (Santiago) foreign currency short-term 'F2', long-term 'A-' (Outlook Stable), local currency…
#bank#international#management
Union Planters, the 28th largest bank holding company in the United States, with assets in excess of US$30 billion, today…
#bank#cash management#management
The Fort Worth, Texas, based KBK Capital Corporation, which provides business credit to middle-market companies, has reported its operating results…
#interest#Produce#receivables
Last week the Chancellor of the Exchequer, Gordon Brown, announced a package of measures to tackle current avoidance of stamp…
#assignment#Bill#bonds
The Royal Bank of Scotland has launched a new low start option for its flexible business loan designed to give…
Small Business Minister Nigel Griffiths today announced a series of new projects to help small businesses with high-growth potential maximise…
#funding#management#risk
Analysis of the Factors Chain International (FCI) figures on global factoring turnover by market in 2001 has shown that Europe…
#crisis#factoring industry#global factoring
Alison Small, Business Director of the invoice and asset based finance company Venture Finance, has today issued comments regarding the…
#bad debts#exports#invoice
On 16 April 2002 the shareholders of Global Trade Finance Private Limited (GTF) at its first AGM approved the accounts…