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From Herbert Lohneiss, Chief Executive Officer, Siemens Financial Services, Munich It is undeniable that good risk management practices are woefully lacking within European businesses. However, there are positive signs of change to counterbalance the rather gloomy picture portrayed. Certainly impending...
The shareholder structure of Unistrat Insurance has just changed. Coface, which already held a 50% interest, acquired SCOR's 50% share…
“For most companies in Europe, credit insurance is a well-known method to secure outstanding debts, whether for local sales or…
European companies continue to face problems with late payments, which in just six years have increased in length by an…
#liquidity
Fortis have reported first quarter results 2004 with a best-ever quarterly net profit of Ђ1,275 million, an increase of Ђ1,728…
Small- and mid-sized enterprises (SMEs) in Central Europe are confident they can cope with the competitive pressures of the enlarged…
This special report on Basel II looks at how banks are adapting their credit and operational risk management processes in…
Africa's finance, planning and economic development and trade ministers warned yesterday that lack of access to trade financing information and…
#African Development Bank#bank#international
Robert Venes, editor of Venturedome, looks at recent reports of a boom in confidence in the venture capital sector, which…
#funding#interest#investment
The Factors and Discounters Association’s annual dinner 2004 was held in the Grand Ballroom of London’s InterContinental Hotel, Hyde Park,…
#bank#commercial finance#conference
The developers of a new trade finance product claim it could reduce the working capital costs of small-and mid-sized enterprises…
#financial services#invoice#management
Last month, the Association of Corporate Treasurers (ACT) and its US and French equivalents published an exposure draft putting forward…
GMAC Commercial Finance (GMAC CF) has restructured its senior management team in Europe. Phil Lammas has been promoted to UK…
#commercial finance#invoice#management