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Europe

Investbanka to invest EUR3.5m in new local units

Commercial bank Investbanka will invest EUR3.5 m to open a branch in each town of over 20,000 residents in the country. (more…)

#bank#banking services#banks

SMEs to get further funds for upgrading and revamping

The amount allotted to SME for investments, upgrading and revamping purposes, was increased by RON 35m. (more…)


Commercial Finance Brokers increase business

Results from the National Association of Commercial Finance Brokers annual survey reveal that the total amount of business written by…


Coface to offer services to private customers

Coface Germany is to expand into business with private customers and will offer companies policies that cover deliveries to consumers.…

#insolvencies


Increased volumes prompt Coface expansion

Coface has expanded its London Markets Team in response to an increase in the volume of business being conducted in the…


Davenham Full Year Pre-tax Profits Up

Davenham Group has reported an increase in full-year pre-tax profit, with July and August in line with expectations. (more…)

#3M#interest#interest rate


Ultimate Finance Group reports increase in pre-tax profit in...

Ultimate Finance Group, which serves the invoice discounting and factoring cash flow solutions market, announced its final results for the…


IFG International Factoring Foundation Course

This course takes place from 23-26 October 2007 for middle and senior managers on all strategic and operational aspects of…


Raiffeisen opens factoring unit in Bulgaria

Raiffeisenbank has set up a factoring unit in Bulgaria. The factoring company has a capital of one million leva. (more…)


Quaestores signs three-year contract with Atos

Quaestores has signed a three-year contract with Atos Origin for the integrated management, hosting and development of the application landscape…

#compliance#financial services#international


More EBRD funds for micro businesses

More micro and small businesses in more Romanias regions will have access to finance following a EUR2.25 m loan from the EBRD…


Interest rates hold steady

The Bank of England left interest rates at 5.75% on Thursday but it is watching market devlopments to see how…

Dresdner Factoring shows pre-tax loss for H1

Dresdner Factoring saw its volume of receivables purchased rise by 65% to almost €108m for the first half of 2007.…

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