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Europe

Association releases annual figures

The Spanish Factoring Association releases positive statistics for factoring growth in 2008. (more…)

#international#international factoring#management

'No decision' on Cattles Invoice Finance

Cattles have announced that 'no firm decision' has been reached on the expected sale of it's invoice finance division (more…)


Latvian Government initiates support for factoring clients

Through its Finance and Economy Ministries, Latvia has become the latest government to support businesses, with a programme worth LVL 120…

#bank#exporters#guarantees


FIMBank to offer factoring services in Russia

FIMBank have announced a joint venture along with the International Finance Corporation and the joint stock Bank Transcapitalbank to offer factoring…

#bank#emerging markets#international


EU companies demand longer payment terms

EU companies are demanding that Bulgarian companies extend payment deadline, a situation which looks set to increase corporate debt in…

#international#payment terms#risk


EUR 50 million from EIB to benefit Danish SMEs

The European Investment Bank signed today its first loan for SMEs in Denmark with Ringkjøbing Landbobank A/S for a total…


EIB boosts SME financing in Central and Eastern Europe

The European Investment Bank and Erste Group Bank AG have signed an agreement that will provide EUR 440 million to SMEs in Central and…

#bank#international#SME financing


Trends in late payment

Edward Rimmer, Chief Executive of Bibby Financial Services in the UK and Ireland, talks to Factorscan about trends in late…


GE Capital announces new appointments

Financial services firm GE Capital has named its senior UK marketers following the recent reorganisation of the company's global financial…


Credit Insurers reinforce gloomy economic outlook

The economy is a long way from recovery, according to the UK's three largest credit insurers (more…)


EBRD extends $13 million SME-focused credit line

The EBRD proposes a USD 13 million credit line to Azerdemiryolbank to support the Azeri economy via credits to the country's…


CA Factoring shows “strong resilience”

Credit Agricole's factoring and lease finance businesses showed strong resilience in the first quarter of the year, the French bank reported…

Moody's downgrades National Factoring Company

Moody's Investors Service has today downgraded the long-term foreign and local currency deposit ratings of National Factoring Company CJSC (more…)

#alternative funding#bank#funding

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