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Europe

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…


EIB funding difficult to access for SMEs, claims CEO...

The EIB s UK funding initiative has been criticised as limiting by Bibby chief executive Edward Rimmer. (more…)

#liquidity#recession#small business


Confirming grows while factoring drops 3.09 per cent in...

Spanish factoring volumes dropped by 3.09 per cent last year, with total assignments falling from (more…)

#confirming#funding#international


FIM Business Solutions awarded ISO certification

FIM Business Solutions Ltd, a fully-owned subsidiary of the FIMBank Group, was recently awarded ISO 9001:2008 certification for the company…


Greece announces electronic payment system for 2011

As of 2011, all transactions of over 1000 will be processed electronically, in a bid to target the amount of…


Coface conference to be held in Manchester

Manchester has been chosen as the location for the first Coface UK Ireland Country Risk Conference to be staged outside…

#conference#credit risk#financial services


Societe Generale Group to merge Russian subsidiaries

Societe Generale Group today announced it is to combine its Russian subsidiaries; (more…)

ABFA launches invoice finance presentation

The Asset Based Finance Association (ABFA) has launched an invoice finance presentation which provides an insight into the workings of…

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