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Europe

SocGen's Romanian unit 2007 factoring operations up 151pc

Romanian Development Bank, BRD, on Thursday reported a 151% rise in the value of its factoring operations. (more…)

3i Infotech bolsters Western European Factoring Practice

3i Infotech today announces that its Western European Factoring Practice took a significant step forward in its expansion with the…

#bank#invoice#Lloyds Bank


Profi Credit enters local market on Feb 5

Profi Credit IFN SA, a member of the Czech financial group Profireal Group, set the official date to launch its…

#bank#poland#trade


Asset Based Lender finances MBO for household consumables manufacturer

Venture Structured Finance has announced that it has backed a management buy-out (MBO) of household consumables manufacturer, Avanti Blue. (more…)

#Clear#corporate finance#funding


Turnover of Swiss factoring companies rose by 26%

Turnover of Swiss factoring companies rose in 2007 by 26 % to CHF4,1 bn. (more…)

#international#receivables


Surecomp partners with TESS International

Surecomp, has just announced that it has entered into a marketing agreement with Kuala Lumpur headquartered TESS International Group of Companies.…


Continued decline in bankruptcies in 2007

According to new statistics released on Friday, 690 bankruptcies were registered in the last quarter of 2007. (more…)


Coface Romania targets turnover of EUR 500m in 2008

Coface Romania, local division of French insurance group, Coface, granted 140m in loan insurance in the first eight months of…

#insurance#risk


World economic crisis may affect Russia's export majors

According to RIA Novosti, the current turmoil in the global financial markets may impair development opportunities for Russia's major exporters…

#exporters#exports#international


Agencies have tools to grow

Companies operating in the recruitment sector are typical of those using invoice discounting to fund growth and expansion of their…

#cash-flow#funding#investment


UK Skills shortages for SMEs

Sourcing skilled employees was one of the biggest challenges SMEs faced in 2007, according to research by Bibby Financial Services.…

#cash-flow#financial services#small business


Manufacturers' fears allayed as demand holds firm – CBI

Manufacturers more pessimistic expectations three months ago did not materialise. (more…)

#bank#exports#interest rates

SME confidence slips in Q4 after improving for a...

Sentiment among Hungarian SMEs) deteriorated in Q4 2007 after improving for a year. (more…)

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