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Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However, Deutsche Bank is said to be interested in acquiring Gerling NCM, the Gerling group's credit insurance subsidiary. Meanwhile, HDI, the...
#bank#Deutsche Bank#insurance
Manufacturing economy contracts more sharply in January as new business falls and capacity is cut. For the first time since…
#economy#inflation#investment
Brunei is keen to invest more in the Philippines, as a means to further develop the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian…
#ADB#Asian Development Bank#bank
Energy Visions Inc. ("EVI") announced that the date by which it must pay C$845,328 to acquire a controlling interest in…
#acquisition#receivables#security
Vietnam's trade representative in Thailand urged small- and medium-size enterprises (SMEs) to look into the Thai market for new sales…
#exports#smes#trade
Bay View Capital Corporation on Friday announced the sale of its two factoring businesses with approximately US$23 million in factoring…
#bank#liquidity#management
Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved…
#acquisition#bankruptcy#management
The creation of a US fund to benefit Moroccan small and medium (-sized) enterprises (SMEs) topped talks held here between…
#interest#investments#smes
BCR has today added two more articles from the World Factoring Yearbook 2002 to its factorscan website. The articles on…
#BCR Publishing#factoring industry#receivables
Giovanni Bossi, managing director of the Italian factoring company IFIS, yesterday confirmed its plans to enter the Milan Star index…
#bank#international#Italian factoring
Fewer businesses are blaming their own systems or disputes and queries as reasons for late payment, according to the latest…
#late payment#management#Two
Executives of the Buenos Aires stock exchange and its chairman Julio Werthein have asked economy minister Roberto Lavagna to approve…
#banks#economy#receivables
Statutory interest and collection charges will be extended to apply to late payment on all commercial contracts from 7 August…
#interest#late payment#payment delays