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Fortis, ABN Amro and Deutsche Bank have signed an agreement by which Deutsche Bank will acquire from ABN Amro parts of its commercial banking activities in the Netherlands, including factoring services company IFN Finance, for EUR 709 million in cash....
#ABN AMRO#bank#credit risk
The tense financial situation is leading to a worrying increase in late payments. Here, Coface gives a summary of their…
#bank#credit risk#management
One of the largest suppliers to the hotel and leisure industries, Guest Supply Europe, has signed up Experian. (more…)
#credit reports#credit risk#international
Spiros V.Tsolis, International Factoring Manager, EFG Factors SA gives the overview of factoring in Greece for the forthcoming year. (more…)
#bank#commercial finance#credit risk
Euler Hermes Hungarian Credit Insurance Zrt has announced management changes. (more…)
#Allianz#bank#credit risk
Factoring financing is yet to become popular with business and industry after its introduction more than 15 years ago, according to…
#bank#credit risk#international
Platinum Funding Group has announced the opening of its Los Angeles office. (more…)
#accounts receivable finance#AR#CIT
The government has decided to restructure Pakistan Export Finance Guarantee Agency to offer export credit insurance. (more…)
#credit risk#exporters#exports
Export Credit Guarantee Corporation presented a dividend cheque of Rs.100 crore to the Union Minister of Commerce Industry. (more…)
ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…
#credit risk#exporters#guarantee
Tim Lodge, sales and marketing director of Credit-IQ, talks to Factorscan about OSMO, Credit-IQ's new product brand. OSMO enables borrowers…
#credit risk#invoice#management
General manager of Euler Hermes Hungarian Claims Collection Kft András Kozma will be replaced by Krisztina Szigeti and Attila Gyorfi.…
#Commercial Credit#credit risk#management
Experian®, a global information solutions company, has been included in the latest Gartner Basel II Magic Quadrant for its capabilities.…
#credit risk#e-commerce#financial services