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Europe

Asset finance fraud decreased in 2009

The UK s fraud prevention service CIFAS this February released Fraudscape, a report detailing (more…)

Izola bank to expand factoring services

Izola bank is to launch a five-year 7 million secured bond issue, the proceeds of which will be used to…


Jeyes secures RBS invoice finance funding line

Hygiene products manuafcturer Jeyes Holdings Ltd, has completed a major refinancing agreement, securing a revolving asset-based lending facility of over…


Banco Popolare agrees Factorit sale

Banco Popolare has agreed the sale a 90.5 per cent stake in invoice finance subsidiary Factorit spa. (more…)


The f-word: time it was spoken aloud

This year saw the first annual figures published by the UK s National Fraud Authority. They made for worrying reading,…

#bank#financial services#frauds


EBRD and Intesa Sanpaolo Group increase support to small...

The EBRD and Intesa Sanpaolo Group are collaborating to increase the availability of financing to the real economy sector in…

#bank#Intesa Sanpaolo#small businesses


Credit Agricole releases Eurofactor results for 2009

The French arm of Eurofactor has maintained its leading position in the French factoring market with (more…)


PSB announce 2009 factoring results

Promsvyazbank s (PSB) factoring portfolio totalled 26.4 billion rubles - equivalent to (more…)


Absolute expands into the north east with new sales...

Absolute Invoice Finance has appointed regional sales manager, (more…)


Tatra Bank maintains leading market share despite drop in...

Tatra Bank has maintained its leading 24 per cent share in the Slovakian factoring market, as (more…)

#bank#insolvencies#non-recourse factoring


Raiffeisen considering strategic merger

The managing boards of Raiffeisen Zentralbank sterreich AG (RZB) and Raiffeisen International Bank-Holding AG are currently considering a merger of…


January insolvencies lowest since June 2007

Insolvencies fell to their lowest since June 2007 this January, with the latest Insolvency Index from Experian finding insolvencies in…

#insolvencies#insolvency

Ukraine SMEs to benefit from EBRD support

The EBRD is continuing to support Ukraine s banking and SME sectors by providing a loan of $25 million to…

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