Netherlands

EU extends deadline for sale of ABN Amro assets

The EU Commission have extended the deadline for the Dutch Ministry of Finance to find a buyer for ABN Amro and Fortis’ assets, the associated press have reported.

Dutch Ministry of Finance given deadline for sale of ABN AMRO assets

The Dutch Finance Ministry has been given a deadline of October 16^th to find a buyer for selected ABN AMRO’s assets including factoring firm IFN Finance, Reuters has reported.

As reported on Monday, th

KBC to leave IFG and FCI

KBC Commercial Finance will be leaving international factoring associations Factors Chain International and International Factors Group in the near future, it has been confirmed by CEO Dirk Van Strijthem.

Deutsche Bank could still be in line to buy ABN AMRO assets

Reports have started afresh that Deutsche Bank is looking to purchase assets from Dutch financier ABN Amro, including a factoring business, after initial talks between the Dutch government and the German bank ended in September.

EIB and Rabobank provide EUR300m funding for Dutch SMEs

The European Investment Bank has signed a new generation EIB loan for SMEs with Rabobank Nederland

EIB extends loans to Dutch SMEs

The EIB makes 300 million euros available to Dutch SMEs.

Tax authorities to allow e-mail invoices

Dutch Deputy Finance Minister Jan Kees de Jager announces email invoice change.

Atradius reports results for 2007

Atradius today reported a 56% increase in net profit to EUR 164.2 million in 2007 from EUR 105.3 million in 2006.

Fortis to unload factoring portfolio

Belgian-Dutch financial services group Fortis has detailed plans to sell some Dutch ABN AMRO operations to deal with antitrust concerns after the takeover of the banking group.

Central Bank OKs ABN AMRO split

THE Dutch central bank (DNB) has approved further measures to split up ABN AMRO, which was bought by a group led by Royal Bank of Scotland (RBS).