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Europe

Promsvyazbank announces its new President and Chairman of the...

Sept. 4 th 2010: Promsvyazbank announced that its Board of Directors had elected Artem Konstandyan as a new President and a Chairman of the Management Board. (more…)

Spanish financier experiences growth in confirming volumes

Caja Navarra finance provider for businesses experienced a growth of 50.29 % at end- July 2010. (more…)


Coface announces half year results

Coface has reported a positive result for the first half of the year, announcing an operating profit of (more…)

#crisis#insurance#management


EBRD to increase financial support of SMEs in Russia

The EBRD will lend up to 2.9 billion roubles (equivalent to Euros 76 million) to enable Credit Europe Bank to…

#bank#liquidity#small business


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…


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…)

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