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Europe

Ko'ka calls for micro credits

According to the Economy Minister Janos Koka, the micro-credit scheme must be made more popular and more easily accessible as 80% of Hungarian businesses are managed without a loan, while in developed countries this rate is only 15%-20%. (more…)

#conference#economy#security

Record profits for Bibby arm

Invoice factoring business Bibby Financial Services revealed record profits. (more…)


Businesses urged to look at cashflow pressures

Yorkshire businesses must clean up their finances in order to stay afloat warns the Factors and Discounters' Association, the UK…

#bank#invoice#management


Start Tokegarancia to offer SMEs guarantees on bank guarantees

Start Tokegarancia, a guarantor set of by the Hungarian Business Development Foundation and state-owned investment company Corvinus a year ago,…

#bank#funding#guarantee


Coface Receivables Finance advances over GBP100m to UK businesses

Coface Receivables Finance Limited, part of leading business credit solutions provider Coface, now provides over 100m worth of funds to…


Fortis, RBS and Santander announcement

Fortis, RBS and Santander (the Banks) confirm that they submitted an Acquisition Proposal for LaSalle Bank to ABN AMRO on…


SMEs major engine of growth

Finance Parliamentary Secretary Tonio Fenech has stressed the importance of small and medium enterprises (SMEs), saying that the government was…

#Access to Finance#financial services#funding


Spain 2006-2007 10 years of continuous growth likely to...

Banks and their subsidiaries provide the majority of factoring services in Spain, and some have integrated factoring departments within their…


Malta 2006-2007 Export factoring expected to develop more quickly...

Situated near the centre of the Mediterranean, Malta has a long tradition of international trade, business, manufacturing and servicing that…

#bank#international#International Trade


Credit Show conference speaks volumes

At the Credit Show to be held 16 and 17 May 2007 at London's Olympia 2, during Credit Awareness Week,…


NFC factoring portfolio rose in 2006

National Factoring Company (NFC) saw quite strong dynamics in Q4 2006 with the gross portfolio of factoring advances up by…


Euler Hermes – increase in Irish Exporters' Insolvency Index...

Euler Hermes today outlined its prognosis for a 4% increase in exporter insolvencies in Ireland in the face of a…

#Allianz#exporters#exports

Hungarian SMEs are less pessimistic

The uncertainty caused by last year's austerity measures was felt until October, 2006, since that low point, the business confidence…

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