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Unicredito and Allianz Increase Shareholdings in Bank Pekao

A deal was completed today which saw Unicredito Italiano raise its stake in Poland’s Bank Pekao from 50.09 % to 53.15%. The German company Allianz AG has also today raised its stake in the Polish bank from 2% to 2.12%....

Fairfax Gerrard Holding Limited’s Annual Accounts Released

Fairfax Gerrard Holding Limited today released their annual accounts for the year ended 31 December 1999. Turnover has fallen by…

#BCR Publishing#debt financing#trade


Credit Lyonnais Commercial Finance Becomes Eurofactor (UK) Ltd

As of today, the company formally known as Credit Lyonnais Commercial Finance Ltd will be known as Eurofactor (UK) Ltd.…


Den Norske Bank Profits Rise by 29%

Den norske Bank, Norway’s largest bank and parent company of one of the Norwegian factoring industry’s major players (DnB Factoring)…

#bank#factoring industry


CIT Group Records 58% Net Income Growth in January-September...

The CIT Group Inc (which offers a range of financial services including factoring, structured financing, equipment, commercial and consumer financing…


KBK Capital Corporation Records Sharp Growth in Net Income

KBK Capital Corporation of Fort Worth, Texas (which provides commercial loans, mezzanine loans and factoring to middle-market businesses) has reported…

#banks#CIT#economy


UK Government Launches Aid Package for Companies Experiencing Short...

A new Inland Revenue/Customs and Excise unit is to be set up by the UK Government with the aim of…


Euro Sales Finance announces new CFO

Euro Sales Finance plc, the independent European provider of sales finance solutions, today announced the appointment of Bernward Rohmann as…

#BCR Publishing#JP Morgan


Sharp Rise in French Start-up Investment

In the first half of 2000 investment in start-up companies in France rose by over 25% to FF3.4 bn from…


UK Government to Explore Over-indebtedness Causes and Solutions

The UK Department of Trade and Industry has set up a task force to examine the causes of over-indebtedness and…

#interest#trade


Isis Factors Plc Joins Factors and Discounters Association

Isis Factors Plc, a subsidiary of London Scottish Bank and established in 1991, has joined the Factors and Discounters Association…

#bank


March-September 2000 Small Firms Loan Guarantee Scheme Led by...

At Ј30m, NatWest Bank led the list of loans made under the Small Firms Loan Guarantee Scheme during the six…

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