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Europe

ECB cuts benchmark interest rate to a new record...

The European Central Bank has cut its benchmark interest rate to a new record low... (more…)

#bank#Boost#conference

Piraeus Factoring to rescue Greek healthcare

Piraeus Factoring may soon start payments on outstanding debt to medical professionals. (more…)


Study: Irish SMEs badly unprepared for SEPA

Irish firms urged to improve SEPA preparations by Ibec.  (more…)

#bank#banks#compliance


SME confidence in success with borrowing lags behind actual...

Second annual SME Finance Monitor is published. (more…)


Factoring KB becomes full member of Factors Chain International

In April Factoring KB became a full member of Factors Chain International (FCI). (more…)

#import factoring#international#International Trade


GE Capital to provide EUR160m securitisation and factoring hybrid

Multinational industrial supplies distributor gets finance through combining securitisation and factoring. (more…)


New EC measures: Zero tolerance to defaulters. End of...

Spanish government rushes to clean up payments chaos before summer meeting in Brussels. (more…)

#confirming#factoring and confirming#invoice


EUR379 syndicated factoring deal announced

Stainless steel manufacturer signs EUR370 million syndicated factoring deal. (more…)


ECB initiatives fail to improve lending to SMEs

Regulators believe that banks cut lending to sustain growing pool of performing loans. The European Central Bank (ECB) is becoming increasingly…


Addleshaw Goddard hires ABL specialist

Asset based lending director joins Addleshaw Goddard's banking group as a new partner.  (more…)

#Corporate banking#financial institutions#investment


EU Federation: European market grew though not across all...

Statistics by EU Federation shows five per cent growth in factoring and commercial finance in Europe. (more…)

#commercial finance#EU Federation#management


Invoice fraudsters to go to jail for eight years

Hradec Králové judge sentences invoice fraudsters to prison. (more…)

Lending scheme renovated to improve credit conditions for SMEs

The UK Government's Funding for Lending Scheme (FLS) has been extended by a year to last until January 2015, has…

#bank#Bank of England#commercial finance

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