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The German Factoring Association has reported a combined turnover of 132.3 billion for its 26 member companies a record 37.49 per cent growth on the previous year. (more…)
#crisis#emerging markets#exports
Bank of America Corp. said on Thursday it is selling its Balboa Insurance Co. business to QBE Insurance Group. (more…)
#bank#Bank of America#China Construction Bank
According to the latest study of the Portuguese economy... (more…)
#crisis#economy#insolvencies
On Thursday, Septemeber 9th, the council of the Province of Lecce presented a Stability Pact to try to improve the…
#crisis#financial institutions#funding
Coface has reported a positive result for the first half of the year, announcing an operating profit of (more…)
#crisis#insurance#management
The German Factoring Association has reported a sharp rise in sales and customer numbers amongst its members in the first…
#bank#Boost#crisis
The figures in the latest Assifact (Italian factoring association) report show that in May 2010 the amount of debt sold…
#ASSIFACT#crisis#economic recovery
According to the report published yesterday by the Ifo Institute for Economic Research at the University of Munich, credit constraints…
#bank#banks#crisis
The European Investment Bank (EIB) has signed a 100 million loan with Caixa for the financing of capital investment projects…
#bank#Caixa#crisis
The latest quarterly figures released today by the Asset Based Finance Association (ABFA) show total sales (more…)
#asset based finance#crisis#economy
Mexico's banks increased credit granted to SMEs by 150 per cent in nominal terms over the last four years, despite SEND…
Coface has reported positive results for all of its businesses in the first quarter, announcing a (more…)
#bankruptcy#crisis#insurance
The total turnover for the factoring and commercial finance industry in 2009 in the EU was (more…)
#commercial finance#crisis#EU Federation