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Europe

Romanian factoring market decreases 15pc

Despite a 15pc decrease of factoring market volumes in H1 2013, the nian Association of Factoring expects positive end of the year results. (more…)

#Flexible Funding#insolvency#receivables

Central Bank of Ireland: Share of bank borrowing by...

Irish small and medium businesses are the most reliant in Europe on bank financing, the Central Bank said.  (more…)


Russian auto-giants develop taste for factoring

NFC says it would factor RUB1 billion of KAMAZ invoices by the end of the year. (more…)

#bank#banks#factoring contract


Polish factoring sees another good quarter

PFA posts PLN70 billion in volume in Q3.  (more…)

#bank#commercial finance#ING


Banco Santander considers bidding for BGZ

Spain's Banco Santander could expand further in Poland through a takeover. (more…)


Juventus FC’s payables to factors surge

Juventus Football Club SpA s payables to factoring companies have almost doubled. (more…)


SMEs lose billions of GBP due to poor internal...

New study finds one-fifth of SMEs have failed to invoice for work. (more…)

#cloud#invoice#smes


BNP Paribas launches factoring activities in the Netherlands

Patrick de Villepin, Global Head of Factoring at BNP Paribas, has announced the launch of BNP Paribas Factoring activities in…


Church of England invests in SME focused bank network

Royal Bank of Scotland is to create a new challenger bank under the revived 'Williams Glyn's brand. (more…)

#bank#NatWest#small business


Time runs out for financiers to choose between the...

A third of members of the Association of Financial Companies say they will opt for an independent specialised credit company…


Crossflow Payments appoints Supply Chain Finance director

Crossflow Payments appoints Supply Chain Finance specialist to drive UK Expansion. (more…)


BFS provides invoice finance for business acquisition

Bradford printing business St Ives Direct acquired with GBP4.5million facility from Bibby Financial Services. (more…)

Raiffeisen to consolidate selected operations of its daughters, including...

Raiffeisen is repositioning itself to reach EUR25 million of annual savings. (more…)

#bank#i#insurance

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