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Commercio e Finanza Leasing e Factoring SpA (CFLF), which is headquartered in Naples, is raising Ђ241.8 m through the planned issue of asset-backed floating-rate notes to be issued by Maestrale S.r.l., a special-purpose entity. The notes are backed by a...
#cash-flow#guarantee#insurance
Hansa Capital Group's net profit totalled 43.8m euros and financial investments reached 1,172m euros in 2002. Hansapank said the group…
#3M#interest#investments
The Mexican government will propose modifications to the Auxiliary Credit Organizations Law over the coming months, which would apply to…
#leasing#risk#Vice president
Banco Espirito Santo Overseas Ld has published results showing consolidated net profit reaching Euro 222.1m, which corresponds to an increase…
#insurance#international#international factoring
GE achieved a record $15.1 billion in earnings in 2002, a 7% increase over 2001, and, excluding progress collections, generated…
#commercial finance#economy#i
GE Commercial Finance announced it has completed its acquisition of the structured finance business of ABB. ABB and GE Commercial…
#acquisition#commercial finance#financial services
The European Bank for Reconstruction and Development (EBRD) and Hansabank will sign a cooperation agreement on financing the operation of…
#bank#leasing
John J.Tobin has joined the firm as a partner in the Toronto Tax Department and as a member of the…
#banks#financial institutions#international
CIT Group Inc yesterday announced that, at its meeting on August 14, 2002, its Board of Directors instituted a number…
#CIT#leasing#SEC
The NIKoil Financial Corporation has just announced the establishment of a separate factoring company named "Operational Factoring Company NIKoil" in…
#bank#financial institutions#investment
Publicly listed PT Bakrie Finance Corporation (BFC), a subsidiary of the Bakrie & Brothers Group, and its creditors have agreed…
#i#leasing
It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…
#bank#banks#BCR Publishing
CEO of Bay View Capital Corporation (based in the San Francisco Bay area) outlined the company's strategy for building shareholder…
#leasing