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Europe

TBC Bank announce Q3 2012 financial results

Tbilisi-based TBC Bank, who in October 2012 concluded a USD10million agreement under the Caucasus Energy Efficiency Program (CEEP) to facilitate corporate and SME funding in the energy industry, has published its third quarter 2012 and nine month 2012 year-to-date unaudited...

#bank#funding#interest

The EU directive on late payment is just around...

  The New EU Late Payment Directive is just around the corner, what might it mean to the factoring industry? 2011/7/EU…


DEG provides Ameriabank with USD20m for SME lending

Armenia's Ameriabank cjsc and DEG (Deutsche Investitions-und Entwicklungsgesellschaft mbH) have completed a USD 20 million loan agreement. The eight year…


UK Export Finance appoints interim Chief Executive

David Havelock, Director of Credit Risk Group, has taken over as interim Chief Executive of UK Export Finance. (more…)

#bank#credit risk#management


Report: Most London businesses still unaware of alternative funding

London businesses are ignorant of where to find alternative sources of funding, according to a new report commissioned by Lloyds…

#alternative funding#bank#interest rates


Santander announces GBP500m asset and invoice finance to UK...

Santander UK, part of Banco Santander, S.A, is launching a range of new funding initiatives to help provide additional support…

#bank#invoice#smes


Hitachi Capital releases new invoice finance product

UK-based Hitachi Capital has unveiled a new Inspired Cashflow invoice finance product. (more…)


Bibby: Construction growth signals sector recovery

Construction firms in the UK supported by Bibby Financial Services have seen three consecutive quarters of growth, according to an…

#asset based finance#financial services#Funding Options


Crefo Factoring inspects payment discipline in the West

Bergisches Land s businesses recover faster from the crises thanks to conservative business practices. (more…)

#insolvencies#Paid#payment behaviour


Close Brothers secures GBP4m invoice discounting deal with WyseGroup

Close Brothers Invoice Finance has supported two WyseGroup companies, WyseLabour and WysePower, with a combined GBP 4 million invoice discounting…

#funding#invoice#trade


Companies eye impact of new bank regulations on trade...

In a 2012 European Trade Finance Study, conducted by Greenwich Associates, 80 per cent of the 300 financial officers from…

#bank#Deutsche Bank#guarantees


MBDP introduce export factoring

The Macedonian Bank for Development Promotion (MBDP) has introduced its newest product into the national market export factoring. (more…)

#bank#cash-flow#exporters

HPD launch mobile application

HPD Software has unveiled a new mobile application named 'Always on the Move'. (more…)

#software

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