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Global Analysis

GE acquires remaining 50% of Heller Bank from ING

The financial arm of US conglomerate General Electric (GE) has acquired ING Bank’s 50% stake of Heller Bank, giving it total control of the German factoring bank. In turn, GE Commercial Finance has handed Dutch Bank ING its 50% stake...

Fortis aims to increase acquisitions and become top five...

Belgo-Dutch bancassurance group, Fortis is today giving a presentation unveiling its “growth strategy” to analysts and investors in London, starting…


Fortis details growth plans – closer to the customer,...

Fortis will today present detailed plans for its businesses,its growth strategy for 2005-2009, which were outlined in an announcement in…


Fortis Bank opens first business centre in the Czech...

Fortis Bank has announced that it has received the authorisation from the Belgian Banking, Finance and Insurance Commission to open…

#bank#international#International Trade


Growth in global M&A – KPMG’s analysis

The regular bi-annual analysis by KPMG s corporate finance division, based on data supplied by Dealogic, shows that UK merger…


Europe must do better to combat late payment

Payment made on time is a crucial prerequisite for the survival of all businesses, especially small firms and entrepreneurs (more…)


Credit and surety insurers report strong results

The world's leading credit insurance and surety insurers and their reinsurers met in Barcelona from 8 to 10 June 2005…

#global trade#ICISA#insurance


FDA elects vice chairman

The new vice chairman will take up the position at The Factors Discounters Association (FDA) from 1 July (more…)


J P Morgan Chase to establish European asset-based lending...

J P Morgan Chase has announced that it has hired two executives to set up an asset-based lending division in Europe…


ING books Ђ40m capital gain after restructuring of GE...

ING Group NV said that, after completing the restructuring of its finance joint venture with General Electric Commercial Finance and…

#commercial finance#ING#international


Receivables Finance International Asia-Pacific 2005 venue announced

BCR has announced that 2005 s Receivables Finance International Asia-Pacific conference will be held in Hong Kong from the 26…


The International Finance Corporation (IFC) , a division of...

The International Finance Corporation (IFC) , a division of the World Bank, seeks a Consultant to conduct a market study…

Supply chain finance can help firms cut costs

Companies that adopt supply chain finance can achieve cost savings of about 15% to 30% on their working capital (more…)

#bank#invoice#supplier finance

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