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Europe

BRD to get Ђ30m EIB loan

The EIB approved a €30m credit for BRD Groupe Societe Generale, with the funds intended for financing SMEs and municipalities. (more…)

Fortis buy off ABN Amro assets conditionally cleared by...

The European Commission said it has cleared Fortis NV's proposed acquisition of the assets of ABN Amro Holdings NV. (more…)


UniCredit predicts factoring turnover of BGN500m in 2007

UniCredit Factoring expects that its capital would grow over BGN 500m by the end of 2007. (more…)

#funding#invoice#Unicredit


Grenke Group generate high volumes of new business

In the first nine months of 2007, the GRENKE Group generated a volume of new business of €374.3m. (more…)

#3M#acquisition#GRENKE


IGF appoints Steve Leeves as Regional Sales Director

IGF announces that Steve Leeves has been appointed as Regional Sales Director for the Sussex and Kent regions. (more…)

#bank#IGF#international


Eximbank launches new export product

Eximbank has launched a subsidized interest financing product of up to €1.5m that will last up to five years.  (more…)

#bank#interest#investment


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…


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

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