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Europe

Venture Structured Finance grows

Venture Structured Finance announces the appointment of two additional Regional Directors. (more…)

#bank#business finance#financial services

Davenham publishes half yearly results

Davenham today announced its interim results for the six months ended 31 December 2008. (more…)


Government launches textile sector rescue package

The Portugese government steps in to resolve the financing crisis suffered by the textile sector (more…)

#bank#credit risk#exports


EIB extending 350 million euros to Irish banks and...

The European Investment Bank (EIB) is finalising agreements to extend three new generation EIB loans for SMEs in Ireland (more…)

#bank#funding#small businesses


UK business turning to credit cards

As business lending reduces, companies are becoming increasingly reliant on temporary sources of credit such as business credit cards (more…)

#banks#economy#guarantee


EBRD to invest a billion euros

The EBRD has announced an increase in funding with a particular focus upon Romanian SMEs access to capital. (more…)


Crisis ushering in greater fraud

As money becomes tight, companies are resorting to selling off unrecoverable invoices. (more…)

#factoring fraud#frauds#invoice


Polish banks receive World Bank loans to extend to...

Polish bank PKO BP to borrow $500 million from the World Bank. (more…)

#bank#banks#ING


Factors fall outside the regulatory dragnet

Act on Credit Institutions tightens controls over non-bank financing companies. (more…)

#bank#banks#non-bank financing


Davenham outlines new financial strategy

Davenham today announced the results of its strategic review and the successful £215 million refinancing of its banking facilities. (more…)

#bank#capital requirements#LIBOR


Aon calls on government to help credit-hit SMEs

Credit insurance broker Aon Trade Credit has said that the government must act rather than just listen. (more…)

#AON#banks#risks


SME budget halved

Despite previous government funding promises, Romanian SMEs are facing slashed funding this year.   (more…)

#conference#funding#GDP

Italease’s factoring assets to be disposed in the next...

Italease s main shareholder Banco Popolare announced that it will launch a buyout offer for the troubled bank. (more…)

#acquisition#bank

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