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Europe

EUR5.2bn available to Hungarian SMEs

HUF1,400bn (EUR5.2bn) in direct subsidies, much of it from a restructuring of EU funding, will be available to Hungarian SMEs in the next two years (more…)

Credit insurance up 50% in October

Demand for trade credit insurance rose by 50% in October (more…)

#Allianz#bank#insolvency


Credit Agricole registers growth in factoring

Over the first nine months of 2008 Crédit Agricole S.A. registered 16% growth in factoring (more…)

#Credit Agricole#economy#receivables


Six face trial over alleged factoring fraud

Six defendants will face trial on 30 March after being charged with money laundering and defrauding the Royal Bank of…

#bank#factoring fraud#fake invoices


Close Invoice Finance announces new Regional Sales Director for...

Close Invoice Finance has appointed Steve Smith as Regional Sales Director for the South West Commercial Centre (more…)

#bank#i#invoice


A review of the UK factoring industry

Kate Sharp, Chief Executive of the ABFA, presents an in-depth review of the UK factoring industry (more…)


Societe Generale plans factoring in Bulgaria

In a recent interview Philippe Lhotte, Chairman and CEO of Société Générale Expressbank, shared the banks plans for 2009 (more…)


Banks promise to help business through bad times

The UK's leading banks are committed to helping Britain's businesses to weather the economic downturn (more…)

#Access to Finance#banks#forum


EBRD disburses first factoring loan in Russia

The EBRD has made its first factoring transaction in Russia by lending to Credit Bank of Moscow (more…)


National Factoring Company Bank pays coupon yield

Liabilities of the National Factoring Company Bank for the payment of coupon yield on series 03 interest-bearing bonds have been…


IGF launches try before you buy trial period for...

IGF has announced that it is offering a three month introductory trial period for new customers (more…)

#bank#commercial finance#IGF


PwC survey reveals tougher challenge to save ailing companies

The downturn has made it more difficult to rescue ailing businesses according to 75% of respondents of a survey by…

#Clear#financial institutions#smes

Ernst & Young comment on Q3 Insolvency Service statistics

Financial markets and institutions may have come back from the brink in recent months, but we are by no means…

#bank#Bank of England#insolvencies

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