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This is the third time this year that the interest rate has been increased (more…)
#bank#banks#interest
Glitnir Factoring, a subsidiary of Glitnir Bank, continues its high growth through the first half 2006. The flow of invoices…
#bank#interest
Norway's central bank Governor Svein Gjedrem reiterated yesterday that the bank's next rate rise would likely come (more…)
In recent years factoring has become more accepted by bankers and accountants as an alternative to the overdraft facility and…
#assignment#bank#international
International accounting firm KPMG has agreed to pay creditors of defunct Finance Credit (more…)
#bankruptcy#banks#interest
Torgeir Stensrud, one of the founders of the scandal-ridden Finance Credit collection agency, claimed (more…)
#banks#MAN
The Icelandic bank Islandsbanki said on 11 April that its Norwegian subsidiary Kredittbanken ASA had made an offer for all…
#bank#smes
Trond G Kristoffersen, co-founder and former chief executive of scandal-ridden Finance Credit, was sentenced to nine years in prison on…
#bank#banks
Norway and Poland have signed an agreement on how Norway's contributions towards the expansion of the EU shall be used…
#exports#poland
Norway's central bank cut its key interest rate on Thursday by 25 basis points to a new record low of…
#bank#economy#inflation
Prosecutors have expanded charges against Trond Kristoffersen, one of two defendants in the biggest financial scandal in Norwegian history. The…
John Fredriksen, best known for being the world's largest tanker owner, has boosted his stake in debt collection agency Aktiv…
Norway's central bank cut its key interest rate yesterday by 25 basis points to a new record low 2.0 per…