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Europe

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 of 83.8 million. The results are (more…)

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


German financial authority orders Noa Bank to cease services

The German Federal Financial Supervisory Authority, BaFin, has ordered the recently formed Noa bank to close to customers in order…

#BaFin#bank#insolvency


Invoice finance could be key to government’s issue of...

Bibby Financial Services CEO Edward Rimmer has expressed his belief that, if consultation by the Asset Based Finance Association is…

#asset based finance#financial services#invoice


Burdale completes revolving credit facility for MAG Industrial Automation...

Burdale Capital Finance Inc., a member of Bank of Ireland Group, has completed a $60 million three-year agented revolving credit…


IFC supports SME finance expansion in Moldova

The International Finance Corporation, a member of the World Bank Group, is providing a (more…)


IFG announces two new members in Europe

International Factors Group (IFG) today announced the addition of two new members in Europe. (more…)

#acquisition#Erste Factoring#international


Year-on-year drop in insolvencies reported by UK Insolvency Service

Company insolvencies in England and Wales reached 4,080 in the second quarter – a 0.5 per cent increase on the…

#financial services#insolvencies#insolvency


La Caixa reports factoring and confirming results for June...

According to the latest data from the Spanish Association of Factoring, La Caixa bank continued to experience strong growth in…

#bank#Caixa#confirming


Join BCR’s Alternative & Receivables Finance Forum

Following the news that Lloyds is to close 200 more branches by 2017, the CMA has announced that banks need…

#API#forum#SME financing

HSBC Invoice Finance supplies Westcon Group with invoice finance...

Westcon Group, Inc., a speciality distributor in the networking, security, mobility and convergence industry, has replaced its syndicated vendor based…

#accounts payable#bank#invoice

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