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The government needs to pressure banks to lend to SMEs as a way of combating a shrinking GDP according to an economic adviser from the British Chamber of Commerce (more…)
The EBRD is acquiring a 25% plus one stake in Araratbank, a privately-owned Armenian bank, to support its plans for…
Global information services company Experian has published its latest insolvency data. (more…)
#credit risk#insolvencies#insolvency
London Scottish Bank has revealed it has to be sold after failing to raise regulatory capital (more…)
#bank#guarantee#management
The Chancellor signalled last night that taxes might have to rise if the economic downturn is prolonged. (more…)
#bank#banks#i
The Asset Based Finance Association (ABFA) has welcomed the recent change in the ban on assignments by the Office of…
Broker William Flatau has launched a new website with the aim of finding out what brokers on the front line say about which…
Hilton-Baird Collection Services were named as Commercial Debt Collector of the Year at the Credit Today Debt Collector of the…
#awards
Law firm Shoosmiths has recruited Harold Brako to head up a litigation practice serving invoice discounters and factoring firms (more…)
In the current crisis one may think an upsurge might be expected in the growing Hungarian factoring sector: That is…
#bank#crisis#DZ Bank
As the government pledges extra help for smaller UK firms, Peter Ewen, managing director of Venture Finance, believes speeding up payment terms…
Small businesses have been given a vital lifeline in the form of a financial helpline responding to all financial enquiries…
Launched earlier this month, Sterling Trade Finance Ltd has joined the UK s trade finance market, offering a range of…