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financial services

Bibby Factors announces new head of sales

Leading business finance firm Bibby Factors has promoted Robin Goddard to the position of head of sales at their Bristol-based company. As a senior member of the management team, Robin will be responsible for overseeing the development of new business...

#bank#business finance#financial services

Caribbean Financial Services Corporation to fund SMEs from Ђ8...

The Barbados-based Caribbean Financial Services Corporation (CFSC) has received funds of Ђ8 million from the European Investment Bank (EIB) to…

#bank#financial institutions#financial services


Bank of Cyprus Ltd – Group Results for quarter...

The Bank of Cyprus Group's activities include finance, factoring, investment banking, brokerage and venture capital. The Group is the leading…

#bank#Bank of Cyprus#financial services


Gerling steps up efforts to sell reinsurance operations

German insurer Gerling-Konzern Allgemeine Versicherungs AG this week stepped up efforts to sell its unprofitable reinsurance unit, Gerling Re. Gerling…

#bank#Deutsche Bank#financial services


CIT Commercial Services – Pan Pacific, Ltd opens factoring...

CIT Commercial Services, a unit of CIT Group Inc., has announced the opening of a representative office in Shanghai, China.…

#credit protection#exporters#financial services


New banks to launch factoring, leasing and SME finance...

Progresso, the Chilean financial services company, is waiting for the go-ahead from local authorities to open its bank in January…

#bank#banks#financial services


Comerica Bank and GMAC CFin joint US$60 million credit...

Auction Broadcasting Company (ABC), a highly innovative auto auction company based in Indianapolis, announced the completion and funding of a…

#bank#commercial finance#financial services


Zurich Emerging Markets Solutions appoints marketing manager in Singapore

Zurich North America announced that Alfred Low has joined Zurich Emerging Markets Solutions (ZEMS) unit as marketing manager. Low will…

#emerging markets#financial services#international


Restructured Grupo Security Q1 2003 profits soar 152%

Chilean financial services group Grupo Security comprising a bank, a factoring unit, a stock brokerage, and a mutual fund announced…

#bank#Boost#financial services


OPIC agreement with Pan-African Export Credit Agency

The Overseas Private Investment Corporation (OPIC) and the African Trade Insurance Agency (ATI), a World Bank and pan-African state-supported Export…

#bank#emerging markets#exporters


Briar Capital opens for inventory and accounts receivables financing

Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…

#bank#financial services#receivables financing


Court gives go ahead for Gerling to sell reinsurance...

German insurer Gerling-Konzern Allgemeine Versicherungs said that it received the go ahead from a German court to sell its reinsurance…

#bank#Deutsche Bank#financial services

Lithuania's Snoras Bank posts sharply increased Ђ3m profit for...

Snoras, Lithuania's fourth-biggest commercial bank, posted an audited net profit of 10.55m litas(Ђ3.057 m)for 2002, compared to 4.51 m litas…

#3M#bank#financial services

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