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Fortis, ABN Amro and Deutsche Bank have signed an agreement by which Deutsche Bank will acquire from ABN Amro parts of its commercial banking activities in the Netherlands, including factoring services company IFN Finance, for EUR 709 million in cash....
#ABN AMRO#bank#credit risk
The takeover by Bank of Cyprus of 80% of Uniastrum Bank in Russia for EUR371 mln in cash is seen…
#bank#Bank of Cyprus#liquidity
GMAC Commercial Finance (GMAC CF) announced today that it has agreed to sell 100 percent of its shares in GMAC…
#commercial finance#invoice#leadership
Emerging economies risk taking a harder hit than so far anticipated from the slowdown in major industrial countries, the Bank…
FCI is pleased to announce that Coface Greater China Finance Ltd. has joined Factors Chain International. (more…)
#import factoring#international
Factoring has become the main source of growth for Coface, with a double digit potential growth anticipated over the next…
#bank#debt collection#management
The European Investment Bank (EIB) Group is broadening the way it supports small- and medium-sized enterprises, making its funding mechanisms…
#bank#EIF#guarantees
Fitch Ratings affirmed its ratings on the major insurance entities of the Coface group with a stable outlook. (more…)
#bank#insurance#Natixis
Aero Inventory said it has available banking facilities of US$500m, after finalizing the expansion of a US$425m facility announced on…
#commercial finance#trade
VÚB Bank has announced it will change it s logo effective of Friday 20th June. (more…)
#bank#conference#international
Expanding its global client base, KBC Financial Products (KBCFP) is opening an office in Dubai to approach the MENA region.…
Euler Hermes, a credit insurer and member of the Allianz Group, has signed a cooperation agreement with Qatar Insurance Company…
#Allianz#receivables#reinsurance
Landsbanki Commercial Finance (LCF) - the global asset based lender and leveraged finance provider has provided B3 Cable Solutions Group…
#acquisition#commercial finance#funding