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Swiss Re and Deutsche Bank consortium to acquire 90%...

Swiss Re, Deutsche Bank, Sal. Oppenheim and Gerling have today (7 May 2003) signed a contract reorganising the ownership of Gerling NCM. Gerling will reduce its shareholding from 55.90% to 3.04%. It will receive a cash payment of Ђ120 million...

#bank#Deutsche Bank#management

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


Banks line up flexible financing packages for SMEs

HAVING sufficient funds is vital for supporting an information and communications technology (ICT) project, especially among small- and medium-sized enterprises…

#bank#cash management#interest rates


Greenfield Commercial Credit (Canada) joins TSX Venture Exchange listing

Greenfield Commercial Credit (Canada) has met the requirements to list on the TSX Venture Exchange and will commence trading at…

#ABN AMRO#bank#Commercial Credit


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


Bad debt provision causes Aston Rothbury Factor’s profits to...

Aston Rothbury Factors Limited’s latest financial statement, for the year ended 31 March 2002, attributed the company’s decrease in profit…

#AR#Bill#insurance


GMAC Commercial Finance funds Ј5 million management buy-out of...

GMAC Commercial Finance, the UK's largest independent invoice finance and asset based lending specialist, has agreed to a Ј5m refinancing…

#cash-flow#commercial finance#funding


Banco Comercial Portugues income up 36%, leasing and factoring...

Banco Comercial Portugues has reported net income for the first quarter of 2003 at Ђ95.6m, 36.7% up from the last…

#asset management#Boost#leasing


Muscat Finance profits grow

Muscat Finance Co Ltd, which is operating in three main areas such as retail financing, equipment leasing and factoring and…

#banks#capital requirements#international


Senior factoring representatives from all over Europe meet at...

The capital city of Denmark, Copenhagen, was the location for this year’s BCR Receivables Finance International European conference. Running from…

#ABN AMRO#bank#commercial finance


Global Trade Finance targets domestic factoring

Global Trade Finance Pvt Ltd (GTF), receivables management and export-financing company promoted by Exim Bank of India, WestLB of Germany…

#bank#exporters#exports


Lending Climate in America quarterly survey results

The protracted economic downturn and uncertainty over war in Iraq took a toll on lenders' attitudes last quarter, with most…

#bank#commercial finance#interest rates

ICICI Bank and five partners invest Rs 800 crore...

ICICI Bank, with five other financial intermediaries, has set up a Rs 800 crore India Advantage Fund for the equity…

#bank#guarantees#management

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