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Europe

Factoring Ceskй sporitelny revenues grew by a third in...

Last year, Factoring Ceské sporitelny crossed the CZK30bn threshold, in revenue from receivables, and defended its position as the leader of the Czech factoring market. (more…)

#assignment of receivables#bank#exporters

Credit insurance revenues up 55% in Romania

Revenues at insurance companies in Romania, from credit insurance policies, reached 112.3 million euros (396 million RON) last year, registering…


ISME Business Trends survey shows SMEs less upbeat in...

Ireland's SMEs are less optimistic with regard to business confidence, employment prospects and investment opportunities and are concerned about the future…


Financing costs to rise as BoE hikes rates by...

The Bank of England has raised UK interest rates from 5.5% to 5.75%, which is the fifth interest rate increase…

#bank#Bank of England#inflation


RBS Commercial Banking, Lombard and Invoice Finance join in...

Southport businessman Nick Taylor has sold the haulage business he founded 14 years ago to his management team in an…

#bank#funding#Hill Dickinson


Atradius N.V. announces appointment of chairman and CEO

Atradius has announced that its Supervisory Board has confirmed the appointment of Isidoro Unda as chairman of the Management Board…

#Atradius#insolvency#management


EIB to grant CIB EUR50m loan to finance SME's...

Central-European International Bank Ltd (CIB), has announced that the European Investment Bank (EIB) will grant it a EUR 50 million…


Bibby Financial Services made a shrewd factoring move

Bibby Financial Services (BFS) now operating in 10 countries and employing about 750 people was only created as a by-product…

#bank#financial services#invoice


Experian expands its sales team with senior appointments

Experian, the global information solutions company, has made a series of new appointments to expand its Business Information sales team…

#Commercial Credit#Equifax#innovation


SocGen's Romanian unit H1 factoring operations value up 157%

The Romanian Development Bank (BRD) performed factoring operations worth 700 million Romanian lei ($305 million/224 milion euro) in the first…

#assignment#bank#management


Grenke Group new business up by 9.7 %

In the first half of 2007, the Grenke Group (incl. franchise partners) generated new business (the sum total of acquisition costs…


Lloyds TSB Commercial Finance fund stg2m ABL deal for...

The operator of the Port of Blyth has invested £2m in machinery in a bid to steer turnover beyond £10m…

Leasing and factoring company Banca Italease pays out euro...

Banca Italease has paid out euro 610m (US dollar825m) to cap losses stemming from a worsening portfolio of derivatives contracts…

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