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In a statement issued by Landsbanki Íslands, the parent company of Landsbanki Commercial Finance, announced that ' the Icelandic Financial Services Authority, the Fjármálaeftirliti (FME) has decided to take over the powers invested in Landsbanki's shareholders meeting and Landsbanki's Board...
#bank#commercial finance#financial services
The Institute for Factors and Discounters (IFD) has appointed Brendan Green as its new chairman. (more…)
#bank#international#invoice
UK member of parliament John Redwood has called for interest rates to be slashed to stave off a long-lasting recession.…
The French EU Presidency is pushing for the adoption of a US-style 'Small Business Act' (SBA) for Europe to improve…
Deutsche Bank has won EU approval to buy ABN Amro's Dutch commercial banking business for EUR709m (more…)
#ABN AMRO#bank#banking services
Ecobank Transnational incorporated (ETI) and the International Finance Cooperation (IFC) have announced a financing package worth about $213m aimed at…
Fortis Bank SA/NV, whose Commercial Finance division offers factoring and invoice discounting services to fourteen countries worldwide, have entered into…
The top emerging top centres of commerce for SME financing are Paris, Tokyo and Munich in MasterCard Research's ranking of…
#banks#Mastercard#SME financing
Eurokommerz today announced the successful completion of refinancing of RUB5bn (EUR136.32m) securitisation transaction with investors in Russia, Europe and the…
#bank#Deutsche Bank#emerging markets
If there was ever an important moment for corporate clients to improve their account payables and working capital, then it…
Penningtons recently acted for the UK and German subsidiaries of the Euler Hermes Group on a contested application for directions…
FACTORing PRO have announced their 2008 international conference to be held in Moscow (more…)
#banks#conference#international
The German government has provided seed capital amounting to EUR2.3m to establish the first formal microfinance bank in Namibia. (more…)
#bank#financial institution#financial services