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Europe

New promotion to the Merchant Banking Board of Fortis

Dirk Driessens has been recently promoted to Member of the Merchant Banking Board of Fortis. (more…)

#cash management#commercial finance#global trade

Number of insolvent companies up a quarter in 2007

The number of insolvent companies in Hungary rose 24 per cent in 2007. (more…)

#insolvency#insurance#security


Helping companies go green brings its rewards

EURO Environmental Services has been awarded the most recent Ulster Bank Invoice Finance and Irish Independent Business Achievers Award. (more…)


Bank of England maintains Bank Rate 5.5 percentage points

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


Italease files complaint for possible manipulation of share price...

Banca Italease SpA has filed a complaint with Milan's public prosecutor regarding the possible manipulation of its share price. (more…)

#bank#leasing


Don’t let the credit crunch rein in your finances

Alex Hilton-Baird explains why SMEs need to take tighter rein of their finances in the wake of the recent credit…


Warning sounded over late payments

Late payments to small businesses could plunge the UK economy into recession in 2008. (more…)


Global Report: Factoring in Greece 2007/2008

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 to continue sell-off

Banco Popolare, the Italian financial services group is thought to be considering the continuation of its asset sales strategy. (more…)

#bank#banks#crisis


Credit squeeze sparks sharp fall in financial services activity

The two-year-long run of strong growth in financial services went into reverse over the past three months. (more…)

#financial services#liquidity#management


Toner cartridge manufacturer refinances with Venture

PBT International Ltd (PBTI), a UK manufacturer of toner based laser printer cartridges, has been refinanced via an Asset Based…


Firms’ pessimism over UK economy hits five year low

Lloyds TSB Corporate Markets Business Barometer for December 2007 shows that firms pessimism about UK economy is the worst since…

#bank#Bank of England#exports

Small businesses expect costs to rise during 2008

More than eight in ten small business owners expect the overall costs of running their business to increase during 2008.…

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