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Europe

Santander agrees refinancing deal for AFI-Uplift

Santander s corporate banking team in Leeds has agreed a multi-million pound refinancing deal with UK based aerial lift specialist AFI-Uplift. The funding consists of a bespoke package of invoice (more…)

A quarter of UK SMEs are exceeding their working...

Venture Finance and Accountancy Magazine s annual Credit Check survey has found that 60 per cent of accountants believe that…


IFC and Inecobank to expand SME trade finance in...

IFC, a member of the World Bank Group, today signed an agreement with Inecobank to further expand access to trade…

#bank#international#microfinance


Absolute rebrands as integration with Aldermore completes

Absolute Invoice Finance, the specialist business financier acquired in November 2009 by Aldermore, the new British bank, has (more…)


Barcelona Metro is financed through factoring and confirming

Spanish savings bank Caixa Catalunya, Tarragona, Manresa has announced that it provided a 21.5 million for the construction of the…

#bank#Caixa#confirming


Noa Factoring AG (Quorum) bankrupt

The Noa Factoring AG (Quorum), Noa Bank GmbH Co. KG, Targas GmbH and Quorum Property Finance Ltd. have declared bankruptcy.…

#acquisition#bank#bankruptcy


Dresdner Factoring AG increased its earnings forecast

Dresdner Factoring AG increased its earnings forecast (consolidated / IFRS) and is now awaiting for the fiscal year 2010, a…

#economic recovery#GDP


CGA attributes business growth to new software platform

Compagnie Général D Affacturage (CGA), a wholly-owned subsidiary of the Société Générale Group based in Paris, has stated (more…)


SmartFactor to provide software solutions for the new Priorbank...

Raiffeisen Bank has announced that it has chosen Russian software supplier SmartFactor to provide software for a new (more…)


Raiffeisen Bank Romania posts half year profit

Raiffeisen Bank S.A. posted a net profit of 49.98 million for the first half of 2010 and an operational profit…


AIB to target Bank of Scotlands SME customers in...

AIB today announced that it is targeting Bank of Scotland (Ireland) SME customers seeking to replace their banking arrangements following…


Russian factoring volume reaches 185.5 rubles in first half...

The Russian factoring industry achieved total factoring volumes of 185.5 billion rubles in the first half of 2010, according to…

#international#international factoring#receivables

Marks and Spencer implements supply chain finance

UK retailer Marks and Spencer is launching a supply chain finance service to help suppliers cope with the company's extended…

#bank#payment terms#supply chain finance

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