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Global Analysis

Fortis to acquire Atradius factoring business

Fortis and Atradius today announced that they have signed an agreement by which Fortis will acquire the Atradius factoring activities (more…)

#acquisition#Atradius#commercial finance

FCI announces best factoring company poll results

Factors Chain International (FCI) has announced the results of its members nominations for the Factor of the Year Awards (more…)

#awards#bank#international


GE Commercial Finance to double share of European market...

GE Commercial Finance, the US financial service provider, aims to double its current share of the European market by 2008,…

#bank#commercial finance#investment


GE Commercial Finance profit up 25% in Q2 2005

Revenues and segment profit from GE's Commercial Finance business stood at (more…)

#acquisition#CIT#commercial finance


Iran becomes ECGD’s 4th-biggest market for credit guarantees

The UK government's Export Credit Guarantee Department (ECGD) issued financial support for UK companies doing business with Iran in the…

#guarantee#guarantees#insurance


Deutsche Bank closes first 12-year rouble export finance deal

Deutsche Bank successfully arranged the first ever 12-year Russian Rouble export financing for the Russian Province Samara (Samara Oblast) with…


GMAC’s US and UK divisions join to provide US$24.4...

The asset-based lending divisions of GMAC Commercial Finance in the US and the UK have provided a combined (more…)

#commercial finance#receivables


Exim Bank of Thailand to open offices in US...

The Export-Import Bank of Thailand plans to open new offices by the end of the year in (more…)

#bank#Exim Bank#exporters


New EU procedures aim to speed up debt collection...

The proposal removes all the local rules and practices required to enable recognition and enforcement of a judgment in several…


Coface Country @ratings update

Country @ratings represent the average capacity of companies in particular countries to meet payment obligations on time (more…)


US federal judge rules Parmalat factoring of invoices ‘deceptive...

The complaint alleges the dairy company created a false revenue stream by essentially booking certain accounts receivables twice (more…)

#bank#Bank of America#Credit Suisse

Turkish Finansbank to open in Ukraine for SME lending

In 2003, the bank started lending to SMEs under a specific programme and has since approved about (more…)

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