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Europe

Overdue receivables are biggest ‘threat’, says Athens Water CEO

Athens Water Supply Sewage Co SA, Greece s biggest water utility, is working to collect EUR 356 million owed by the Greek state and municipalities, according to Chief Executive Officer Stelios Stavridis. (more…)

#IMF#investment#receivables

Hilton-Baird Director scoops industry award

ABFA announced the Lecturer of the Year at the last night s ceremony. (more…)

#asset based finance#awards#management


Scottish plant hire firm raises GBP70m ABL facility

Glasgow-based plant and tool hire company, GAP plans to grow on the back of RBS Invoice Finance ABL package. (more…)


Invoice discounting sales surge 16pc, ABF industry maintains...

The Asset Based Finance Association (ABFA) has today announced new quarterly figures. (more…)


SMEs' confidence in factoring grows

Representative Study: More SMEs have a positive experience of using factoring. (more…)

#bank#BFM#Flexible Funding


Barclays grows its Trade and Working Capital team with...

A new Director joins Trade and Working Capital Transaction Management team at Barclays. (more…)

#bank#head of trade and working capital#management


End of February, worst time for payments

Businesses set to feel the pinch during the last week of February, as payments are held until the month is…


Monsoon 'shamed for forcing invoice discounting on suppliers'

Forum of Private Business s accused Monsoon in using invoice discounting to extend payment times. (more…)

#cash-flow#forum#invoice


Coface improves results despite crisis

In an economic downturn, particularly in the eurozone, Coface continued to increase its turnover, which totalled €1,571 million (+1.4%). Premiums…

#emerging markets#management#receivables


Ameriabank reports positive factoring development

Ameriabank recorded almost a four fold growth in factoring in 2012. Ameriabank s assigned factoring receivables increased by 3.7 times…

#bank#international#international factoring


Spanish factoring market remains flat

AEF published its annual figures for 2012 The Spanish Factoring Association (AEF), presented last week the results of its members…


Romanian factor posts 45pc annual growth

Banca Comerciala Rom na sees massive rise in factoring business in 2012. (more…)

#bank#non-recourse factoring#recourse factoring

Reiner Hirschberg is the new CEO of fidis GmbH

Fidis promotes Reiner Hirschberg to the CEO postion. (more…)

#financial services#investment#leadership

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