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Europe

Serbia gets ''C'' in investment risk assessment – Coface

Coface gave Serbia the ''C'' mark and said the efforts of the state are visible in the restructuring of the social sector and privatisation of the state-owned companies. (more…)

Euler Hermes Guarantee raised after unconditional guarantee – S&P

Standard Poor's raised its long-term counterparty and insurer financial strength ratings on Euler Hermes Guarantee PLC. (more…)


CBI/PWC survey forecasts a tougher quarter

The CBI/PWC survey predicts business volumes, income and profitability will all fall over the coming three months, due to the recent…


Wagon agree Ђ160m invoice discounting facility

Wagon  has agreed to a three year  invoice discounting facility to repay part of its other committed lending facilities. (more…)


Banks may reconsider lending practices

Blagodat Securities spoke to Ural Business Consulting about the possible changes in the way loans are given.  (more…)


EBRD lends US$20m to Megabank

The European Bank for Reconstruction and Development is providing a US$20m loan to Kharkiv based Megabank. (more…)


SMEs turn to accountants as financial guiding light

As a SME you are more likely to turn to your accountant for advice if your traditional banking service can't…

#bank#management#security


Meliorbanca to study merger proposal

Meliorbanca SpA said it had received and will examine a merger proposal from Banca Profilo. (more…)

#bank#banks#investment


Bank of England fears squeeze on companies

Evidence that the credit squeeze will hurt the UK economy has emerged with a BoE survey showing companies were likely…

#bank#Bank of England#financial services


Banca Italease sees break even in 2008

Banca Italease SpA remains a solid bank and will break even in 2008. (more…)


EU drops enquiry into Coface guarantee

The European Commission has dropped an enquiry into a French state loan guarantee that it feared would help Areva win…

#bank#bank loan#European Commission


Bibby tells SMEs to review their funding arrangements

In the wake of the credit crunch Bibby is advising UK SMEs to review their funding arrangements as a matter of urgency.…

#bank#Bank of England#Flexible Funding

Hitelgarancia raises guarantee limit from SMEs

Hitelgarancia has increased its per-contract limit for SME guarantees to HUF 2.5bn. (more…)

#guarantee#guarantees#smes

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