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After several years of stability and consistency in the global markets, the sub-prime real estate crisis that occurred midway through 2007 sent a shockwave through the world’s banking and financial sector. (more…)
#ABN AMRO#bank#commercial finance
Glen Bullivant has been appointed as the new President of the Federation of European Credit Management Associations. (more…)
Coface decides to keep Bulgaria on Negative Watch. (more…)
#crisis#economy#insurance
The EBRD is providing Azerbaijan's economy with a 22m euro syndicated loan to support the country's micro and small enterprises.…
The CBI's Industrial Trends Survey paints a bleak outlook of manufacturing output. (more…)
Hungarian insolvencies were up 11% in Q1-Q3 of 2008. (more…)
#bankruptcy#insolvencies#insolvency
At least 12,000 British businesses have had vital insurance cover withdrawn in the past week as the credit crunch bites.…
Bibby Financial Services announce the appointment and promotion of two executives. (more…)
In its revised economic forecast, the CBI predicts that the recession which started in the third quarter of 2008 will…
#bank#Bank of England#GDP
Ashley Commercial Finance announced record profits for the year to 31st March 2008. (more…)
#commercial finance
The Ministry of Justice publishes its statistics concerning company's winding up, and creditors' and debtors' bankruptcy petitions issued in English and…
#bankruptcy
Ministers have announced the creation of a new panel to monitor how banks are lending money to small companies (more…)
#bank#Bank of England#business finance
More than 77 per cent of small businesses don t think the UK government is doing enough to help them…
#interest rates#small business#small businesses