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Banco Popular Espaсol to Buy 50% Stake in Heller...

It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring Portuguesa. Heller Factoring is one of the larger players in the Portuguese market, achieving a turnover of Ј6.81m in 1999....

#bank

GMAC Purchase of Bank of America Commercial Finance Likely...

Further to our report of 1 December 2000, it is understood that the announcement of GMAC’s intention to purchase Bank…

#bank#Bank of America#BCR Publishing


UK Competition Commission to Investigate Possible Monopoly in Royal...

The Competition Commission, the UK’s anti-trust agency, is to extend its current investigation into the provision of services for small…

#bank#NatWest#small businesses


Pressure Growing on UK Banks to Ease their Terms...

The UK Competition Commission is in the process of investigating a possible oligopoly being operated by the four main UK…

#bank#forum#NatWest


National Australia Bank Set to Expand in the UK...

National Australia Bank (NAB) has confirmed its intention to use some of the $2.75 billion earnings from the sale of…

#ABN AMRO#bank#banks


“Fragile” Recovery in Thailand Likely to Weaken

The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During…

#bank#economy#exports


Possible Bank of America Commercial Finance Sale

An announcement of the sale of the US division of Bank of America Commercial Finance is expected next week. It…

#bank#Bank of America#BCR Publishing


Natwest to Offer Small Businesses Overdrafts Not Repayable on...

Natwest has become the first major bank in the UK to offer small business customers an overdraft facility which is…

#bank#banks#NatWest


Bank of England Publishes Report on Finance for Small...

The Bank of England has today released a report on finance for small businesses in deprived communities. This report is…

#bank#Bank of England#risk


Cross-Border Insolvency Initiative Supported by International Institutions

Insol, the body which represents insolvency professionals internationally, has launched a project intended to allow potentially viable businesses to survive…

#bank#insolvency#international


Leading Cypriot Factor Bank of Cyprus Raises Capital on...

In January 2001 Greece will join the euro-zone and the Athens stock exchange will begin to develop and move away…

#bank#Bank of Cyprus


Creation of Mizuho Banking Group May Result in Merger...

At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was…

#bank#IBM#insurance

Italy’s UniCredito to bid for Komercni Banka of the...

UniCredito Italiano SpA, the Italian banking group, is to bid for the Czech Republic’s third largest bank, Komercni Banka (KB)…

#bank#poland

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