Wednesday, February 29, 2012

ParaFin Corporation Enhanced Negotiations With ING Bank N.V.

LOS ANGELES, Feb. 29, 2012 (GLOBE NEWSWIRE) -- ParaFin Corporation (Stock Symbol:PFNO.PK) believes that the recent announcement of the European Central Banks to guarantee liquidity to the European Banking Institutions will enhance the negotiations between ParaFin and ING Bank N.V. for the settlement of the claim that ParaFin has made against ING Bank N.V. for the payment of approximately US$1.6 Billion. Prior to the recent announcement of the European Central Banks to guarantee the necessary liquidi...continued
     

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