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Italy’s UniCredito to bid for Komercni Banka of the...

UniCredito Italiano SpA, the Italian banking group, is to bid for the Czech Republic’s third largest bank, Komercni Banka (KB) which is to be sold by the Czech government in the near future. UniCredito already has a presence in the...

#bank#poland

EU Commissioner Calls for Faster Cross Border Bank Transfers

The EU’s single market commissioner, Frits Bolkestein, has today urged EU banks to speed up payments between banks and reduce…

#bank#banks#international


KBC and ABN Merger Goes Ahead

The proposed merger reported last month between Kereskedelmi es Hitelbank (a subsidiary of Belgium’s KBC Bank) and Magyar Bank (owned…

#ABN AMRO#bank#banks


Worldcatch Brings Factoring to the Seafood Market

The leading online marketplace for the global seafood industry, Worldcatch has today launched a factoring service offering sellers of seafood…


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…


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…

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