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Subsidiary

Top credit insurers line up for EGAP subsidiary tender

Plans to privatise the commercial subsidiary of state-owned credit insurer EGAP are accelerating the fight for a share on the credit-insurance market (more…)

#Atradius#international#management

New ING subsidiary enters leasing market

The Hungarian ING Group has recently launched a new business branch. The activities of ING Lease Hungary encompass (more…)


Erste Bank launches factoring subsidiary

Erste Bank Hungary has added a factoring company to its subsidiaries, following approval by financial market regulator PSzAF, the bank…


The Coface subsidiary in Austria, OKV Coface, has just...

Coface's Austrian subsidiary, OKV Coface has opened a credit insurance branch in Hungary -Coface Hungary. After successfully setting up operations…


Coface opens subsidiary in South Africa

Coface buys 100% of CUAL, a leading South African Underwriting Agency, and opens a local subsidiary to support its first…

#exports#guarantees#international


BOI buys UK Wachovia asset-based lending subsidiary

Bank of Ireland today announced the acquisition of Burdale Financial Holdings, a leading UK-based comprehensive asset-based lender and subsidiary of…

#asset-based lender#bank#financial services


US$7.5bn subsidiary for exporters

State Minister Kursad Tuzmen announced that exporters will be subsidized in 2005 with a US$7.5bn fund from Eximbank. Tuzmen pointed…


Bank-owned factoring subsidiary integrates with parent

Century Business Credit Corporation, one of the largest bank-owned factoring companies in the world, has changed its name to Wells…


UK receivables finance subsidiary hit by fraud investigation into...

The first repercussions resulting from this fraud investigation are beginning to emerge. Nick Grainger, managing director of Finance Credit Limited,…


Sterling National Bank Announces New Hong Kong Subsidiary

Sterling National Bank, the principal banking subsidiary of banking and financial services company, Sterling Bancorp, today announced the launch of…


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