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Calpia to become bank in January 2004

Finance company Calpia will become a bank in January next year according to Calpia general manager Silke Muffelmann. As a bank, Calpia will be able to extend its product range to include checking and savings accounts, time deposits, company loans,...

#bank#banks#insurance

Fortis Group reports improved operating performance and significant recovery...

The Fortis Group have released figures for Q3 2003 showing net profit of Ђ677m, an increase of Ђ2.3 billion on…

#insurance


Changes in Hungary’s venture capital scene

The president of the Hungarian Venture Capital and Private Equity Association (HVCA) Juliбn Tzvetkov, says he expects fundamental changes in…

#bank#banks#conference


France stays on top of European insolvency league

According to a study conducted by the German credit insurance company Gerling NCM, the number of company bankruptcies in France…

#insolvency#insurance


RamExim pays half of the 10% share in insurer

Azerbaijan's RamExim has paid for half of its 10% stake in Ateshgyakh, an Azerbaijani-Russian insurance company, according to deputy general…

#insurance#Paid


EBRD to invest 300 million in Hungary this year

The European Bank for Reconstruction and Development (EBRD) will invest a total of Ђ300m in Hungary this year, according to…

#bank#conference#export credit insurance


Fraud trends –prevented fraud losses increase by 30%

A change in agency reporting practices and another agency starting to report matches to CIFAS when they previously could not,…

#Clear#frauds#insurance


Fortis Bank signs two “multi-sourcing” framework agreements

Fortis Bank has signed two new “multi-sourcing” framework agreements of Ђ50 million each with Vietindebank and Vietcombank. These agreements were…

#bank#exporters#financial services


Financial services bounce back takes hold – survey suggests...

Financial services companies' confidence improved more than at any time in the last four years as business grew at its…

#banks#Boost#financial services


Minister confirms that PKO BP-PZU capital merger is on

State Treasury Minister, Piotr Czyїewski, has confirmed earlier rumours in the press concerning plans for a capital merger between the…

#bank#insurance


Small businesses prevail over economic shocks

Results released by the Canadian Federation of Independent Business (CFIB) show that business confidence for small- and medium-sized enterprises (SMEs)…

#insurance#small businesses#smes


Zurich Financial Services gets out of the consumer business...

Swiss insurance firm Zurich Financial Services is to sell up its consumer operations in France in favour of concentrating on…

#financial services#insurance#Two

PMI Northern Ireland Report shows rise for fifth consecutive...

The latest Ulster Bank PMI® (Purchasing Managers' Index®) Report for Northern Ireland, produced for Ulster Bank by NTC Research, signalled…

#bank#inflation#insurance

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