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Europe

Raiffeisenbank adds factoring unit

Raiffeisenbank (Bulgaria) EAD has added a wholly-owned factoring division to its local group of six companies, Dnevnik a.m. reports. (more…)

#leasing#management#Raiffeisen

EuroKommerz to issue 4billion rubles in loan participation notes

EuroKommerz Factoring Company is planning to issue rubles 4 billion in three-year loan participation notes (LPN), a source in banking…


Euler Hermes UK appoints head of legal

Richard Barnett joins Euler Hermes UK as head of legal and secretariat. Formerly at Clyde Co as a partner, he…


Banca Italease board change attracts investors

IPotential new investors are keen to enter the share capital of Banca Italease, the Italian leasing and factoring company that…

#banks#Credit Suisse#investment


Cash flow is King

Liquidity in the UK money markets is the hot topic at the moment and with bankers fearing that lack of…


Venture Finance first half figures exceed industry average

Non-Recourse Finance is the fastest growing industry wide segment according to figures released by ABFA, with growth up by 21%. …


Factoring KB buys shares in Protos fund

Komercni banka, a.s. (KB) has sold 518 shares of the special fund Protos, uzavreny investicni fond, a.s. to the company…


UK takes second place in debt default according to...

 UK scores highly in payment default in main business sectors according to Atradius. (more…)

#Atradius#payment behaviour#payment practices


Credit Agricole sees no cause for concern over lending...

Credit Agricole SA has no plans to alter its lending policy for SMEs. (more…)


RBSIF appoints head of business development

Dea Ditchfield appointed as head of business development for RBSIF in East Anglia and Northern Home Counties. (more…)

#bank#invoice#NatWest


EBRD strengthens SME funding in Moldova

SMEs will benefit from a new credit line the EBRD is extending to Banca Sociala. (more…)

#Access to Finance#bank#funding


OTP Banka becomes part of OTP Group

OTP has been created consisting of OTP Banka and its subsidiaries OTP Faktoring, OTP Leasing, OTP Garancia, OTP Garancia and OTP…

VR Leasing shows strong H1 profit growth

Volksbanken/Raiffeisenbanken saw new business in leasing, hire purchase and with investment credits rise by almost 20% in H1.  (more…)

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