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Europe

EBRD equity creates opportunity for Serbian micro-businesses

The European Bank for Reconstruction and Development (EBRD) is paying euro 3m for an 18.2 per cent equity stake in Opportunity Bank Serbia a dedicated microfinance bank (more…)

#bank#financial services#international

Coface UK launches online business information reports

Coface UK, a leading provider of credit management solutions for business, has launched the first service to combine factual business…

#Commercial Credit#insurance#management


Small Business Service to lose most of budget in...

The government agency with a remit to foster the growth of small business in Britain is facing substantial cuts, it…

#FSB#small business#small businesses


Unicredit to announce Pekao's new managing board

Italy's Unicredit will soon announce the make-up of the managing board of the Pekao bank after its merger with Bank…


EBRD loan to support micro enterprises

The European Bank for Reconstruction and Development (EBRD) is lending to Mikrokreditna Organizacija EKI, the third-largest non-bank micro finance institution…

#Access to Finance#bank#microfinance


Factoring is booming at Ultimate Finance

Factoring group Ultimate Finance has unveiled a huge rise in profits. The Bristol firm clocked up a pre-tax earnings of…

#banks#invoice


CBI forecasts better growth in 2006 – slowing next...

The UK economy has continued to pick up in the second quarter of 2006, with surprisingly robust GDP growth of…

#bank#Bank of England#exports


KFW to lend US$20m for Promsvyazbank SME financing programme

Germany's Kreditanstalt fur Wiederaufbau (KfW) has signed an agreement to lend Russia's Promsvyazbank US$20m over seven years to finance small-…


New players help factoring market up to E1bn

ING Commercial Finance, the specialised factoring service division of the ING Group, will mainly target small entrepreneurs and focus on…


Close Invoice Financing launches IDeal for SME users

Close Invoice Financing, a subsidiary of Close Brothers Group, has launched a new invoice financing system it says can work…

#financial services#invoice#Sage


Firm's expansion plan packs a punch with asset-based finance...

A rapidly expanding Hereford packaging business is on target to take sales past half a million after securing a clutch…


Turnover for Italease Factorit up 32 per cent

The factoring unit of Banca Italease, the asset finance group, achieved a turnover of euro 7.6bn for the six months…

#factoring industry#international#non-recourse factoring

Barclays Asset and Sales Finance announces new director appointments

Barclays Asset and Sales Finance has made a number of new appointments to bolster its presence across the UK. Specifically…

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