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Europe

Pragma Factoring exceed financial projections

Preliminary financial results from Pragma Factoring SA for the past year point to a nearly twofold increase in revenues compared to 2010. (more…)

NACFB and FLA make online commercial finance directory available...

The National Association of Commercial Finance Brokers (NACFB) and the Finance and Leasing Association (FLA) have developed a free online…

#bank#commercial finance#invoice


IFC boosts finance for SMEs and women entrepreneurs

The International Finance Corporation (IFC) has provided a 22.5 million euro loan to Garanti Bank Romania to help finance SMEs…

#bank#financial services#international


Touch Financial partners with asset lender

Personal asset lender borro has paired up with Touch Financial Support to offer its lending facilities to their clients. (more…)

#financial services#funding#invoice


Venture Finance to re-brand

Venture Finance announces it will change its name to ABN AMRO Commercial Finance PLC on 29 February. (more…)

#ABN AMRO#bank#commercial finance


Government to launch EUR 30 billion factoring scheme to...

Spanish Government will work with a consortium of banks to repay its suppliers. (more…)

#bank#banks#Clear


Italian factoring posts 21.5 per cent growth. ASSIFACT seeks...

Italian factors, who contribute 10 per cent of GDP growth, say Basel III regulations are not appropriate for factoring. (more…)


FIMBANK highlights affirmed Fitch rating at ‘BB’

FIMBANK is satisfied with Fitch Ratings re-affirming FIMBank s Long-term Issuer Default (IDR) at 'BB', particularly in the light of…


Russian factoring escalates against all odds

In 2011 Russian factoring turnover grew 82 per cent, year on year, the Association of Factoring Companies reports. (more…)

#banks#invoice#liquidity


Payment behavior continues to improve

D B Payment Index rises for the 20th consecutive month. (more…)

#crisis#liquidity#Paid


HFA: New Civil Code is ‘threat for factoring market’

Ferenc Csaki, the president of the Hungarian Factoring Association (HFA) opposes to the draft of Civil Code on factoring. (more…)


Business services sector regains confidence

The business services sector enjoyed a positive final quarter last year, with strong performances prompting a sense of optimism among…

#financial services#GDP#interest

Hungarian factoring market growth lower then expected

In 2011 Hungarian factoring turnover grew 3.2 per cent, the Hungarian Factoring Association has reported. (more…)

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