|
Friday: Cloudy to start then light drizzle at times, especially in the west. Windy on the coast |
||||
| Home | | | News | | | Dictionary | | | Features | | | International | | | Expats | | | RSS | | | Newsletter |
|
|||||||||||||||
| |||||||||||||||
|
Finance & Quality Manager  Sales Support Representative- Fluent French & Fluent English Customer Service Representative - Native German, Fluent French and English Junior Inside Sales Representative - Native German, French and English Junior Inside Sales Representative - Fluent German, Italian and English ...more jobs  |
Credit company Afab takes action on financesWednesday 04 November 2009 Credit company Afab on Wednesday announced a string of measures to restore confidence in its operations following reports that the firm is having trouble meeting its financial obligations. The group is separating off the division which serves its 4,000 insurance agents following controversy about commissions. Afab also said it expects further fines from the financial services regulator AFM. Agreement has also been reached with the banks on refinancing €190m-worth of debt, the company said. And Afab's 2007 annual report is to be revised because a 'careful' look showed 'amendments are necessary'. The 2008 figures have not been published. Afab told the Financieele Dagblad it was keeping in 'intensive contact' with the AFM. Earlier this year telephone sales unit O&B Finance was fined and Afab said on Wednesday another subsidiary Hollandsche Disconto Voorschotbank faced three fines. Other AFM investigations are continuing, the paper said.
© DutchNews.nl Get the DutchNews.nl newsletter in your mailbox: Click here to subscribe
Place your comments: |
|
| Advertising | | | Business services | | | Mobile | | | Tell a Friend | | | Donate | | | Contact | | | About us |
|
||||||
