CompaniesFinancial PlanningHot news

VW Financial Services: 2013 in review

At their annual press conference, Frank Witter, Chairman of the Board of Management of Volkswagen Financial Services AG, reported on behalf of Volkswagen AG on the most important key figures for the Volkswagen financial services segment of the Volkswagen Group. The operating result rose to EUR 1,6 billion (+14,6 %), total assets to EUR 115,1 billion (+3,6 %) and the portfolio to 10,7 million contracts (+11,3 %).
AssociationsCompaniesHot news

Reuters launches 'Know Your Customer'

Thomson Reuters launches a new solution to support financial institutions and their clients to increase efficiency and reduce costs in complying with Know Your Customer (KYC) requirements. KYC provides a complete managed service covering the on-boarding of clients, risk categorization and risk screening. This allows financial institutions to more effectively respond to new and ongoing regulatory requirements around the world.
CompaniesHot news

GCR places JD Group in negative light

Credit Ratings (GCR) has placed the credit ratings of JD Group (JDG) on Negative Outlook. The long and short term ratings remain at A(ZA) and A1(ZA) respectively. Eyal Shevel, Head of Corporate ratings at GCR Global said the change in outlook followed a substantial increase in debtors’ charges at the interim period.
CompaniesHot news

PSG awarded top honours

PSG Konsult, the independent financial services and product provider, received top honours at the National Santam Broker Awards held on Wednesday, 5 March 2014. This follows PSG Konsult being selected as the winner of the Santam National Broker for Personal Insurance in 2012. In the previous year the group was awarded with the Santam National Broker for Commercial Insurance and Santam National Broker for Asset- and Crop Insurance combined, as well as a Silver Award for Niche Business.