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Europe

EBRD and CIB boost business funding

The EBRD is increasing the availability of financing to the real economy in Hungary, with a 50 m credit line to CIB Bank, including at least 10 m equivalent denominated in Hungarian Forint. (more…)

SME loan refusals to face review committee

A new state-backed credit review committee, which aims to tackle the issue of credit to small and medium-sized businesses, was…

#bank#banks#management


EBRD boosts lending to SMEs

The EBRD is boosting the availability of financing to the real economy in Bosnia and Herzegovina with a 20 m…

#bank#Intesa Sanpaolo#leasing


Government launches SME 'fair treatment' task force

A new task force to advise the Government on how to ensure small companies are treated fairly and properly when…

#bank#banks#small business


Championing UK exports

Andy Meadwell, Sales and Marketing Director - International at Bibby Financial Services in the UK, talks to Factorscan about the…


Spanish administration owes billions to SMEs

Statistics have revealed that Spain's local, regional and central public administrations owe more than 35 billion euros in outstanding invoices...…


EBRD to support MSME finance sector

EBRD has begun a new strategy for FYR Macedonia, which sets out the priorities for the EBRD in the region…


Banks must lend to SMEs as part of recapitalisation

The banking recapitalisation plan, announced yesterday, will serve to free up credit for small and medium sized enterprises (SMEs) and…

#bank#SME lending#smes


Local factoring market contracts 28 per cent

Romania s local factoring market contracted 28 per cent in 2009, with the market s value dropping to (more…)

#conference#management#receivables


MEPs vote in favour of EU small business accountancy...

Very small companies could be exempted from having to draw up annual accounts, after MEPs approved changes to EU accounting…


Late payments costing SMEs almost Ј2 billion a year

Chasing late payments could be costing the UK s small business sector 1.9 billion a year, according to new research…

#financial services#invoice#late payment


New Civil Code factoring law to come into force...

The Budapest Times has announced the new regulations regarding factoring agreements that are to be detailed in Hungary s revised…

Bankruptcies at start of year double 2009 figure

The number of companies that became bankrupt doubled in the first two months of this year compared to the same…

#bank#bankruptcy#receivables

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