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Europe

Factoring in the Balkans – Serbia

Zlatija Jelenkovic, Head of Factoring at Raiffeisen Bank, Serbia, addresses the state and development of the factoring industry in Serbia. (more…)

#bank#international#payment terms

Polish factors achieve record turnover

Polish Factors achieved record turnover in 2008 with 75% year-on-year growth over 2007 (more…)

#bank#crisis#exporters


Czech Profireal to launch factoring ops in Romania

Profi Credit IFN SA, a member of the Czech financial group Profireal Group, on Monday set the official date to…


Govt announce Enterprise Finance Guarantee Scheme

The UK Government have announced the introduction of the Enterprise Finance Guarantee Scheme (more…)


UK Govt – ABFA in factoring discussion

The U.K. government is considering buying companies invoices to provide cash flow (more…)

#asset based finance#cash-flow#invoice


Factoring becomes regulated business

Factoring in Germany has become a regulated financial service within the meaning of the German Banking Act. (more…)


EIB to increase SME lending by 50%

The European Investment Bank's board of directors has approved the Corporate Operational Plan 09-11, setting out increased lending targets to…

#bank#Paid#risk


RBS to announce loss of over Ј20bn

Royal Bank of Scotland, parent company of factor RBS Invoice Finance, has confirmed it suffered a loss last year of…


UK govt unveils second bank rescue

The UK government has announced a series of of measures to promote bank lending and revitalise the ailing economy (more…)

#bank#international#management


State and banks agree on SME loan guarantees

The state and commercial banks agreed on loan guarantees for small and medium-size enterprises (more…)

#bank#guarantee#guarantees


Lord Mandelson criticises credit insurers

Business Secretary Lord Mandelson has attacked trade credit insurers for overreacting to the economic slowdown by withdrawing cover used by…

#conference#risk#small businesses


Govt to nationalise Anglo Irish

In a statement released today Anglo Irish Bank announced that they will work fully with the government following the decision…

FIMBank appoints First Vice President to head Mediterranean Factoring...

Factoring provicer FIMBank has appointed Mr. João Costa Pereira as First Vice President and Head of Mediterranean Factoring division of the…

#bank#Credit Agricole#credit risk

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