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crisis

Factoring association reports return to growth

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

BofA sells credit insurance arm

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


Bankruptcies continue to grow in Portugal

According to the latest study of the Portuguese economy... (more…)

#crisis#economy#insolvencies


Lecce municipalities to adopt reverse factoring to avoid collapse

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 announces half year results

Coface has reported a positive result for the first half of the year, announcing an operating profit of (more…)

#crisis#insurance#management


German Factoring Association reports increase in sales and customers

The German Factoring Association has reported a sharp rise in sales and customer numbers amongst its members in the first…

#bank#Boost#crisis


Assifact reports factoring market growth

The figures in the latest Assifact (Italian factoring association) report show that in May 2010 the amount of debt sold…

#ASSIFACT#crisis#economic recovery


Credit constrains for German businesses continue to reduce

According to the report published yesterday by the Ifo Institute for Economic Research at the University of Munich, credit constraints…

#bank#banks#crisis


EIB and Caixa Economica Montepio Geral finance SMEs in...

The European Investment Bank (EIB) has signed a 100 million loan with Caixa for the financing of capital investment projects…

#bank#Caixa#crisis


ABFA releases first quarter figures

The latest quarterly figures released today by the Asset Based Finance Association (ABFA) show total sales (more…)

#asset based finance#crisis#economy


Bank lending to SMEs up 150 per cent over...

Mexico's banks increased credit granted to SMEs by 150 per cent in nominal terms over the last four years, despite SEND…

#bank#banks#crisis


Coface announces positive results for the first quarter

Coface has reported positive results for all of its businesses in the first quarter, announcing a (more…)

#bankruptcy#crisis#insurance

EUF announces EU factoring figures for 2009

The total turnover for the factoring and commercial finance industry in 2009 in the EU was (more…)

#commercial finance#crisis#EU Federation

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