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ACP Capital Ltd announced it has withdrawn its offer for asset-based lender Davenham Group PLC. (more…)
Eurokommerz is one of Russia’s leading factoring companies and has been operating since 2000. Gregory Karpovsky, CEO of Eurokommerz, spoke to…
In 2007, 447 companies went bankrupt in Poland, a 22% drop on 2006. (more…)
#bank#bankruptcy#insolvency
The Boards of Cenkos and Landsbanki confirm that they are in discussions with Close Brothers. (more…)
Dirk Driessens has been recently promoted to Member of the Merchant Banking Board of Fortis. (more…)
#cash management#commercial finance#global trade
The number of insolvent companies in Hungary rose 24 per cent in 2007. (more…)
#insolvency#insurance#security
EURO Environmental Services has been awarded the most recent Ulster Bank Invoice Finance and Irish Independent Business Achievers Award. (more…)
The Bank of England s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank…
#bank#Bank of England#management
Banca Italease SpA has filed a complaint with Milan's public prosecutor regarding the possible manipulation of its share price. (more…)
#bank#leasing
Alex Hilton-Baird explains why SMEs need to take tighter rein of their finances in the wake of the recent credit…
Late payments to small businesses could plunge the UK economy into recession in 2008. (more…)
Spiros V.Tsolis, International Factoring Manager, EFG Factors SA gives the overview of factoring in Greece for the forthcoming year. (more…)
#bank#commercial finance#credit risk
Banco Popolare, the Italian financial services group is thought to be considering the continuation of its asset sales strategy. (more…)
#bank#banks#crisis