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Europe

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 international factoring in 2012. (more…)

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


Bibby: Average business turnover for UK SMEs hits four-year...

Business turnover across five key sectors peaked during the third quarter of 2011 for the first time since the start…


Government to create state export credit agency

The Ukrainian government has established a draft law to create its own export credit agency (ECA). (more…)


PrimeRevenue to speed up accounts receivable payments of Italian...

As part of its ongoing efforts to optimise working capital, Italian-based Pasell S.R.L. has implemented the Supply Chain Finance (SCF)…

#bank#invoice#SCF platform


Assifact releases 3Q 2011 factoring results

Diego Tavecchia of the Italian factoring association, Assifact, has provided Factorscan with a summary of the association s latest factoring…

#ASSIFACT#factoring results#Italian factoring


Revised credit rules for small firms

Banks will be required to provide details of fees and charges that apply to SMEs that run into financial difficulties,…

#bank#banks#invoice


ABFA appoint new head of government affairs

The Asset Based Finance Association (ABFA) has announced that Matthew Davies has joined the Association in the new role of…


Late payments to SMEs hits record high

SMEs are owed a record £33.6 billion in late payments, according to Bacs. (more…)


Reward founder launches Ј10m ABL venture

Reward Capital founder Andrew Ward has launched a new venture targeting SMEs across the north of England, Insider Media reports.…


LFC hires trading manager

The London Forfaiting Company (LFC) has appointed Colin Stone as senior manager in its London trading team, GTR reports. (more…)


EIB reaffirms support for Dutch and Belgian SMEs through...

The European Investment Bank (EIB), the European Union s long-term lending institution, will provide €250 million for investments undertaken by…

#bank#ING#interest rates

Efcom hold 9th Annual Factoring Symposium

Efcom, the German based factoring software company held its 9 th annual Factoring Symposium at its Frankfurt headquarters on the…

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