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Europe

Santander to strengthen SME offering

Santander, and their British subsidiary Alliance and Leicester, are looking to buck the banking trend in the UK and offer lending to UK SMEs. (more…)

Eurofactor's Barometer an insight into European business

Eurofactor's Barometer provides an extensive survey of European business including an examination of receivables management.   (more…)


President Basescu tells businesses to turn to the banks

The Romanian President expressed his confidence in the country's banking system and is encouraging local business to turn to banks…

#bank#banks#crisis


Lloyds survey highlights cash flow concerns

Seventy percent of UK businesses cited late payment of invoices as being the key concern for cash flow. (more…)


CBI: government loan boost insufficient

CBI suggests that banks concentrate upon alternative channels of funding. (more…)

#bank#Bank of England#interest rates


ABL continues to grow despite the downturn

During 2008 the UK's asset based lending industry far exceeded expectations, and at the end of the year was advancing…

#asset based finance#invoice#liquidity


Action plan for SMEs adopted

Serbian SME strategy looks to improve access to sources of funding and strengthen the financial and legal framework. (more…)


EIB to double SME lending facilities for Eastern Europe

The European Investment Bank is extending 11 million euros to Central, Eastern and Southern European SME lenders. (more…)

#bank#international#SME lending


KBC scales back London office

KBC downsize structured trade finance office. (more…)

#bank#investment#KBC


Access to funding remains problematic

The government's Enterprises Finance Guarantee scheme is falling short of expectations. (more…)


European Commission recommends financial watchdog

European Commission recommends pan-European financial risk watchdog. (more…)

#bank#European Commission#risk


Accountants say banks need to be patient

The Institute of Chartered Accountants in England and Wales has appealed to banks to continue extending overdrafts and to help restore confidence…

German Factoring Association grows

ForFact Export Factoring become the latest factor to join the German Factoring Association. (more…)

#factoring industry#German Factoring Association#international

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