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Marquette Financial acquires factoring business from KBK Capital Corporation

A newly created subsidiary of Marquette Financial Companies will acquire the purchased receivables division known as KBK Financial, Inc. from…


APP Signs US$6.7bn debt deal; US Exim Bank sues in…

Asia Pulp & Paper Co (APP) has signed a US$6.7 billion restructuring agreement with key creditors. But the filing of…


Freeze on modular tax for SMEs

The Spanish treasury has confirmed that the modular business tax payment system for small- and medium-sized enterprises (SMEs) will be…


Hermes to raise stake in Lietuvos Draudimo Kredito Draudimas to…

Germany's Euler Hermes Versicherungsbeteiligungen, one of the leading credit insurance companies in Europe, is set raise its shareholding in Lietuvos…


Davenham appoints Southern Regional Director

Andy Dimmock has been appointed southern regional director of Manchester-based Davenham Group with immediate effect. Commenting on his new role…


Fears of new period of uncertainty

"Russia is stepping into a new age of uncertainty", said Pekka Sutela, a Finnish expert on the economies of Eastern…


Euler Hermes eyes large business potential in Romania

The Euler Hermes Group has decided to offer credit insurance services in Romania in cooperation with Allianz-Tiriac insurance company in…


EBRD adopts new strategy for Hungary, includes significant support for…

The European Bank for Reconstruction and Development (EBRD) has adopted a new strategy to support the strengthening of Hungary's economy…


Coface signs partnership agreement with Ping An, China's second-largest insurance…

Coface Group, a world leader in export credit insurance and commercial risk management, has signed a partnership agreement with Ping…


EBRD to invest 300 million in Hungary this year

The European Bank for Reconstruction and Development (EBRD) will invest a total of Ђ300m in Hungary this year, according to…


EBRD to invest up to 150 million euros in Slovakian…

The European Bank for Reconstruction and Development (EBRD) will invest between Ђ120m and Ђ150m (SKK 4.97bn - SKK 6.21bn) in…


KfW lends 2.6 million euros to Ukrainian bank to support…

Kreditanstalt fuer Wiederaufbau (KfW) of Germany has allocated a Ђ2.6 million loan to Ukreximbank, one of Ukraine's biggest banks, as…


Dependence on small firm sector could be its downfall

In the opinion of Prof Gianmaria Gros Pietro, head of management economy at Turin University, a former president of state…


Small business index falls in September

The National Federation of Independent Business (NFIB) Index of Small Business Optimism fell 2.8 points last month to 101.9 -…


Experian and Austin-Tetra form strategic partnership

Experian®, the global business solutions company, has formed a strategic partnership with Austin-Tetra, a leading supplier of intelligence for the…


SME credit demand to rise 25% next year

Driven by the government effort to promote new entrepreneurs and the continued growth of the economy, small- and medium-sized enterprises…


GMAC CF appoints receiver at Hibernia Foods plc

Hibernia Foods plc, the Dublin-based manufacturer of branded cakes and private-label frozen desserts, announced on Friday that the company had…


SME’s weak on quality control

Small and medium-sized auto parts makers in Thailand need to improve their quality control as the country builds up its…


Handelsbanken's Finance Company, Handelsbanken Finans, opens branch in Great Britain

Handelsbanken is one of the leading banks in the Nordic region offering a complete range of financial services, traditional corporate…


Harness branding culture to go global, SMEs urged

Small-and medium-sized enterprises (SMEs) have been urged to harness a branding culture in order to successfully place locally-made products and…


Making the most of globalisation

The Danish economy is missing out on billions of euros in growth potential, because Danish companies have failed to make…


Small firms pushing for more funds

Demand for funds has improved markedly among small- and medium-sized firms (SMEs), according to a Bank of Japan (BOJ) survey…


A difficult year ahead for Turin's SMEs

The president of API Turin (The Association of Small and Medium Sized Companies), Sergio Rodda said: "The Turin small- and…


BVK and AKKORD VF launch subsidised factoring programme

A new business-development financing programme for micro and small companies has been launched by the Budapest Foundation for Enterprise Promotion…


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