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Europe

Slovak Factoring Market shows significant rise in 2006

The factoring market reported a steep increase last year. The volume of receivables bought by companies clustered in the Association of Factoring Companies reached (more…)

Euler Hermes to enter insurance guarantees segment

The insurance company is a market leader in the insurance of domestic and foreign obligations (merchant loans). In 2006 it…

#guarantees#insurance


Dresdner Factoring poaches Close Finance MD

The Supervisory Board of Dresdner Factoring AG has decided to strengthen the management team at Dresdner Factoring AG and appointed…


Greek EFG Factors opens office

The factoring market in Bulgaria is expected to grow fast in the next few years (more…)


Czech factoring market grows 25 pct in 2006

The Czech factoring market increased by over 25% in 2006 to (more…)


GE Commercial Finance launches new ABL unit, underlines alternative...

GE Commercial Finance's Business Finance (GECF BF) division is launching a dedicated asset-based lending (ABL) unit targeting (more…)


UK 2006-07: Modest growth for the world's biggest market

The UK invoice finance market continued to grow in terms of turnover, advances and client numbers last year (more…)

#bank#Bank of England#interest rates


Small businesses can stimulate growth by acting bigger –...

Small businesses are the foundation of the UK economy. Of the estimated 4.3 million companies in this country, over 99…


Italease to buy stake in Fondiaria-SAI banking unit –...

Banca Italease is in advanced talks to buy a stake in (more…)

#insurance#leasing


Company insolvency problem increasing

The number of insolvent companies in Hungary tripled year-on-year in 2006 (more…)

#credit risk#insolvency#insurance


Austria 2006-07: Will the law on ban of assignment...

The rate of growth in the Austrian factoring market has slowed and the driving forces behind this are not solely economic.…


Marks & Spencer supplier secures Ј13.25m working capital, L/C,...

A key supplier to retail group Marks & Spencer, in addition to brands such as French Connection and Phase 8,…

#commercial finance#L/C#Letters of Credit

Leading asset-based finance specialist joins DLA Piper team

DLA Piper has strengthened its London finance and projects practice with the appointment of partner who specialises in asset-based lending and…

#bank#international#receivables

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