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Europe

MFB approves loans worth Ft 270bn this year

The state-owned Hungarian Development Bank Zrt (MFB) approved loans worth more than Ft270bn by early December, the bank's management announced. Never before have Hungarian businesses and (more…)

#bank#investments#management

Coface expects government austerity measures to boost credit

The Hungarian unit of Coface expects credit risk in Hungary to increase in 2007 as a result of the government's…


Banks lose favour with accountants

Accountants would rather refer clients to an independent financier than a bank, according to survey findings released by invoice finance…


Landsbanki Commercial Finance funds specialist leather and textile manufacturer...

Landsbanki Commercial Finance, the global asset-based lender and structured finance provider, is providing a credit facility to a worldwide manufacturer and…


BCR Leasing to start factoring services

BCR Leasing received its shareholders' approval to expand its business by including such operations as factoring, discounting and forfeiting services…


Factoring CS launches Pharma Factoring

At the 16th meeting of Czech Pharmacy Association, Factoring Ceske Sporitelny has launched Pharma Factoring, a new product aimed at…


Apax buys stake in Farmafactoring

Private equity house Apax has reportedly acquired a stake in Farmafactoring, the Italian factoring company for the pharmaceutical and healthcare sector…


Societe Generale CIB launch ALLtra

Surecomp, a leading provider of integrated enabling technologies for the banking and financial market, today announced that Paris-headquartered (more…)


Cobra Beer secures invoice discounting facility

The maker of Cobra Beer, one of the UK fastest growing beer brands, has had a tender for an undisclosed…

#bank#i#invoice


Capitalia to support SMEs

Italian bank Capitalia has launched a new EUR2bn programme aimed at supporting growth, innovation and internationalisation of small- and medium-sized…

#acquisition#bank#innovation


Lloyds TSB names head of Commercial Finance Ireland

A new commercial finance player has entered the market in Ireland. Lloyds TSB Commercial Finance enters the Irish market, under…


Competition regulator probes factoring transactions

Russia's anti-monopoly service has launched an inquiry into factoring operations to sell accounts receivable conducted by (more…)

#assignment#bank#banks

SACE credit chief sees firm rise in exports

Alessandro Castellano, the managing director of Italy's export credit insurance company SACE SpA, said exports should rise firmly in the…

#emerging markets#exports#international

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