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In 2009, the European Investment Bank (EIB) increased its funding to Spanish SME and municipality projects by 55% year-on-year, providing (more…)
Reported fraud in the UK rose dramatically last year, breaking the 2 billion barrier for the first time (more…)
#frauds#insolvency#management
Bibby Financial Services have reported anincrease in market share of (more…)
#asset based finance#bank#financial services
Russia's factoring market experienced a 36 percent increase in turnover during the first three quarters of 2009 compared to half…
#banks#factoring industry
The invoice financing loan book of GMAC Commercial Finance Ltd (UK) has been acquired by Close Brothers Group Plc. (more…)
FactorRus, a factoring joint-venture of Transcapitalbank, Moscow, FIMBank , Malta, and International Finance Corporation (IFC - a member of the…
Latest research among UK owner managers from Close Invoice Finance indicates that UK SMEs number one New Year's wish is…
#business finance#insolvency#invoice
Dutch state-owned bank ABN AMRO has paved the way for it's merger with Fortis Bank Nederland by announcing the sale…
#ABN AMRO#bank#Deutsche Bank
Acting as big brother institutions, a number of multinational banks are playing an invaluable role in the development of factoring globally. In…
Bank of Cyprus has announced that it has acquired a 9.7 percent stake in Banca Transilvania, the parent bank of…
Phillip Kerle, Chief Executive Officer of Demica talks to Factorscan about the development of, and rising interest in, receivables finance…
The Payments Council Board (PCB) yesterday set an official target date for the permanent closure of the central cheque clearing.…
#economy#innovation
The European Investment Bank (EIB) is to lend 100 million to Croatia's (more…)