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Europe

AFC chooses new chairman

Mikhail Okunev, the head of bank management at Metallinvestbank, has been elected chairman of the Association of Factoring Companies (AFC). (more…)

Former Lloyds director joins Positive company

Commercial finance specialist David Totney has joined independent invoice financier Positive Cashflow Finance (Positive) to spearhead the launch of the…


Bibby: SME awareness of alternative finance remains low

Just four per cent of SMEs accessed Government-backed funding initiatives during the third quarter of 2011, according to research by…

#exports#financial services#invoice


Russia's first ever ECA unveiled

Russia has launched Exiar, its first export credit agency (ECA), to increase Russian exports to new markets, GTR reports. (more…)


Banks fall Ј900m short of SME lending target

Major banks missed the third quarter target for lending to small businesses set by the Bank of England under Project…


Experian: UK SMEs expecting 2012 growth

Seventy per cent of UK SMEs are expecting sales growth in 2012, according to a recent poll by Experian. (more…)


AEF release Q3 2011 results

The Spanish factoring association, AEF, has released figures for the first nine months of 2011. During the first nine months…

#AEF#confirming#international


An in-depth look at the European Account Preservation Order

Joseph Kean, a member of the Dispute Resolution Team at Mundays Solicitors, provides an in-depth article explaining what the European…

#bank#data protection#regulation


Government opts out of European account preservation orders

The government has decided that the United Kingdom will not opt into the European Commission's proposed regulation to establish the…

#bank#European Commission#receivables


Ashley Commercial Finance launches 'retail' product

Invoice finance specialist Ashley Commercial Finance has introduced a cash advance product for hotels, retailers, restaurants, pubs and garages. (more…)


ECGD to become UK Export Finance

The Export Credit Guarantee Department (ECGD), which insures exporters against the risk of their overseas customers failing to pay, is…

#export finance#exporters#guarantee


Bank VTB to introduce international factoring in 2012

The Russian-owned Bank VTB (Armenia) has introduced a successful project for recourse factoring and is planning to introduce a non-recourse…

New trade forecast from HSBC predicts growth of UK’s...

By 2025, the UK is set to increase its international business activity by 60 per cent, according to HSBC s…

#global trade#HSBC UK#international

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