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Europe

IFC preparing loan for Azeri AGBank

The International Finance Corporation (IFC) has finished preparations for expansion of financing for Azerbaijan's AGBank. (more…)

Soaring trade credit insurance claims

Insurance claims by companies left unpaid for goods supplied to firms that went bust soared more than 50% in the…

#Atradius#guarantees#payment terms


HSBC recommending invoice finance to troubled SMEs

With more than two million SMEs saying the issue they'd most like this month's Budget to address is the problem…


Withdrawn credit insurance creating problems

Half of large retailers and over 40 per cent of small and medium-sized businesses say the reduction or withdrawal of…


Czech factoring market retracts

Czech factoring companies belong to a sector which has been hit hard by the financial crisis and only 7 out…

#bank#banks#financial services


Germany considering credit insurance cover

Germany's government considers offering temporary credit protection to companies struggling to secure loans to pay suppliers. (more…)


Government and business urged to get tough on late...

40% of small and medium-sized firms would put action to tackle late payments at the top of Chancellor Alistair Darling's…

#invoice#late payment#management


NIB loan aims to revitalise SME sector

The Nordic Investment Bank and the Latvian state-owned Latvijas Hipoteku un zemes banka have signed a new agreement for a…

#bank#financial institution#recession


Larger companies the worst of the late payers

Three in five businesses are struggling with cashflow because their clients are delaying payments, and large companies are the worst…

#bank#HMRC#UK companies


State guaranteed credit insurance scheme expected

The Chancellor of the Exchequer, Alistair Darling, is expected to announce a state-guaranteed credit insurance scheme in next Wednesday's budget.…


Critics claim credit insurance disaster looming

Calls come for the UK government to take urgent action to restore the strength of the credit insurance market or else the economy will face…

#guarantee#guarantees#liquidity


Trial of fraudsters continues

The trial of two former recruiters accused of defrauding the Royal Bank of Scotland (RBS) will resume on 20 April…

#bank#insolvency#invoice

EBRD and Raiffeisen extend funding to rural businesses

Raiffeisenbank and the EBRD have signed a second EUR 10 million Credit Line to be used to promote the financing…

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