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An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF), one of the most succesful German companies operating in the field of export factoring. AKCF is based in Mainz, Germany...
#banks#insolvency#international
Fortis Lease has signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, from…
The attention of Poland's banking sector has started to shift to small- and medium-sized firms (SMEs). Consisting of 1.8million active…
#bank#bank loan#bankruptcy
Chile's first quarter credit insurance sales reached 928.5m pesos (US$1.4m), an 18.2% increase over the 785.6m pesos posted in the…
#insurance#management#receivables
The chairman of the board of Nordea Finance Latvia, Maris Skujins, predicts that the factoring portfolio in Latvia could reach…
#exporters#interest#interest rates
The first stock to be listed on the new stock market for small- and medium-sized enterprises (SMEs) started initial public…
The rising demand for loans from small- and medium-sized enterprises (SMEs) has intensified competition among the largest banks, which have…
#bank#banks#economy
Small- and mid-sized enterprises (SMEs) in Central Europe are confident they can cope with the competitive pressures of the enlarged…
HVB Factoring Ltd., a daughter company of HVB Bank Slovakia, will launch its business activities in the Slovak Republic in…
#bank#banks#interest
In South Korea, factoring arrangements are essentially corporate credit facilities based on trade bills, accounts receivable and consumer credits. International…
#bank#exporters#international
Allgemeine Kredit Coface Finanz (AKCF), the German subsidiary of French financial group Coface, is anticipating further growth in its business…
A new head of KPMG’s national mid-market Corporate Recovery team has been appointed. Myles Halley is moving to the London…
#insolvency
The state-controlled Development Bank of the Philippines (DBP) will launch a new marketplace this month for receivables of small- and…
#bank#banks#IBM