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Europe

VTB Group launches first international factoring pilot with Georgia

VTB (Georgia), VTB Factoring-Russia and Kindzmarauli Maranin launched a factoring pilot. (more…)

Young fraudster used factoring sham to ‘live in the...

Uncle and nephew go on trial under inducement of a factoring bank. (more…)


Tatra Trucks back on track

New management of Tatra Truck looks to attract financing. (more…)

#bank#First Bank#management


FIMBank now part of KIPCO

First-stage acquisition of FIMBank shares completed as Bank receives first tranche of USD 60 million convertible loan. (more…)


Pescanova’s management to face criminal liability

The audit exposes Pescanova's loss concealment and false invoicing. (more…)

#fake invoices#management


Lloyds Banking Group to renew GBP7m facility for ceramics...

Pottery brand Denby secure GBP7m facility to support geographical expansion. (more…)

#cash-flow#invoice


UKEF boosts British industry with USD700m finance guarantee

The UK's export credit agency, UK Export Finance (UKEF), has announced that it will guarantee US$700 million (£450 million) of…

#exporters#exports#guarantee


Postal firm secures GBP10.5m finance package

Warrington-based postal operator Secured Mail has undergone a GBP10.5m refinancing. (more…)

#commercial finance#funding#invoice


EBRD steps up support for Romanian SMEs

EBRD to provide EUR80 million facility to Banca Comerciala Romania (BCR). (more…)

#bank#funding#smes


Bakkavor takes GBP80m receivables securitisation

Bakkavor, ready meal and fresh produce group, secures GBP360m refinancing, including GBP80m receivables securitisation facility. (more…)

#bank#international#receivables


Nordea’s Polish assets sold to PKO BP

PKO BP and Nordea Bank Polska merge: factoring and leasing assets go to PKO Leasing. (more…)

#bank#international#leasing


Study: Europe’s top public companies sitting on EUR762bn excess...

Europe's largest listed companies are still struggling to convert sales into cash, according to research from working capital consultancy REL.…

#cash-flow#interest rates#management

Santander and BBVA boost state-owned media group’s liquidity

RTVE has said it has used EUR70 million of working capital finance facilities from Santander and BBVA. (more…)

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