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Gerling Versicherungs-Beteiligungs-AG (GKB) and Swiss Re have reached an agreement on forming a joint venture between Dutch credit insurer NCM, in which Swiss Re has a 90 % stake, and the Gerling Credit Insurance Group. The new company, Gerling NCM...
#international#management#receivables
Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has…
The Lisbon-based Banco Espirito Santo, the principal subsidiary of the Espirito Santo Financial Group S.A., today announced its 2001 First…
It is thought that GE Capital’s acquisition last week of Heller Financial for $5.3bn, whilst significant in the broader context…
The Ministry of Finance announced on 1 August a set of draft rules governing the management of mutual trust funds,…
#bank#bonds#guarantee
KBK Capital Corporation, which provides financial services to middle-market businesses, today reported its operating results for the second quarter and…
There are very few factoring companies in France (25 at the end of 2000), and the five main players in…
#Factofrance#Two
Taiwan-based Bank Sinopac launched a website--MMAb2b.com to provide factoring service for enterprises in August 2000. Bank Sinopac has recorded a…
Investment and banking group Nikoil plans to retain its position as the leader on Russia's market in factoring operations. Nikoil’s…
Westdeutsche Landesbank Girozentrale (WestLB), Germany and Export-Import Bank of India (Exim Bank) have joined forces to form a joint venture…
#bank#exporters#international
The volume of factoring services in Asia, excluding South Korea, grew 147% between 1995 and 2000 according to factors Chain…
#international
It seems that the stalling of the US economy has impacted the activity of factors in the USA and Canada…
#BCR Publishing#CIT#liquidity
At the Twenty-Seventh Party Congress in 1986, perestroika, Mikhail Gorbachev's program of economic, political, and social restructuring, became the unintended…
#bank#conference#factoring industry