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Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down from a profit of 5.7m euros in 2001 to a loss of 4.5m euros in the first half of 2002....
#Allianz#bad debts#interest rates
The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…
#Allianz#insurance#interest rates
The credit insurer and provider of other diverse financial and management services, Euler group, has recorded a rise of 15%…
#Allianz#international#management
Leading European banks and insurers have formed a discussion and lobbying group to support the completion of the single market…
#Allianz#bank#Deutsche Bank