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Europe

Crisis? What crisis?

Spanish factoring market in 2007by Josep Selles, Managing Director, Eurofactor Hispania S.A., E.F.C.  In 1975, the wonderful British pop/rock group Supertramp published an album under this title; perhaps this would also be a suitable comment about the present market conditions. No...

Leumi UK appoints new CEO

The board of Bank Leumi (UK) plc has announced the appointment of Lawrence Weiss as CEO. (more…)

#bank#international#International Trade


Eurokommerz announce consolidated financial results

Eurokommerz Holding Limited has announced Eurokommerz s unaudited interim financial results for the six months ended 30 June 2008 (more…)


Venture Finance grows in the Midlands

Venture Finance has appointed Paul Coates as Business Development Manager for the Birmingham and the Midlands region (more…)


Fraud fears deterring smaller companies from online business

Smaller companies are being deterred from embracing the technology revolution as they fear conducting sensitive business transactions online could leave…

#bank#business finance#invoice


Coface pulls cover for Baugur's UK companies

Coface, one of the big three insurers of trade credit, has withdrawn cover for suppliers to several Baugur-owned British high…

#Atradius#bank#banks


FIMBank performance up on last year

FIMBank Group's performance for the second half of 2008 improved over the same period last year, with the company reporting 'encouraging progress'…

#emerging markets#liquidity#management


Banks pledge support for SMEs

The Government has announced it's decision to require banks that request public investment to make competitively priced debt facilities available to…

#bank#funding#small business


Bibby Financial Services secures GBP340m credit facility

Factoring and invoice discounting provider Bibby Financial Services has secured a new £340m banking facility (more…)

#bank#banks#financial services


Equifax releases UK business failure report

In their quarterly report on business failure business information provider, Equifax, has shown that failures have remained steady - despite…


GBP 37bn bail-out for UK banks is unveiled

The government is to inject up to 37bn of taxpayer cash into Royal Bank of Scotland (RBS), Lloyds TSB and…


S&P lowers rating outlooks on 13 Russian financial institutions

Standard Poor's has changed its rating outlooks on 13 Russian banks and companies to negative from stable in connection with…

Latvian business confidence hits record low

Latvian business confidence fell to the lowest ever in the third quarter as the economy entered a recession (more…)

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