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Europe

Central Bank increases interest rate

This is the third time this year that the interest rate has been increased (more…)

#bank#banks#interest

FLA asset finance statistics show weak growth in Q2...

Second quarter results, released by the Finance Leasing Association for the asset finance industry, indicated weaker growth in new business,…

#funding#investment#leasing


Hitelgarancia stock of factoring guarantees reaches HUF 1bn

The stock of guarantees on factoring contracts by Hitelgarancia, a majority state-owned guarantor of credit for small- and medium-sized enterprises…


French SMEs target increased exports

Small- and medium-sized enterprises (SMEs) represented 86% of the 100,000 exporting French businesses in 2005, but were responsible for just…

#exports#smes#trade


Heller posts 13pc sales rise, CEO says factoring potential...

Heller Bank AG posted sales of euro 5.73bn in the first half of 2006 - a 13.6 per cent increase…


SEB Vilniaus Bankas to issue euro 10m worth of...

Lithuania's largest commercial bank SEB Vilniaus Bankas will allocate euro 10m (LTL34.5m) for loans to small- and medium-sized enterprises (more…)


Dresdner Factoring eyes SME market for growth

Chairman of Dresdner Factoring, Klaus Sauer, is pinning hopes of growth for his company, and the industry, on an increase…

#bank#invoice#receivables


Ulster Bank completes Invoice Finance rebrand

Ulster Bank, part of the Royal Bank of Scotland Group, has completed the rebranding of its former Commercial Services division…


UK football clubs to be sold receivables protection

Coface is to sell insurance to football and rugby clubs in the UK in the event of unpaid receivables (more…)

#cash-flow#insolvency#insurance


Factoring Ceske Sporitelny H1 revenues up

Factoring Ceske sporitelny (CS), a company specialising in financing receivables from domestic and foreign customers, has announced revenue growth of…

#receivables


Firms hit hard in holiday profit slump

Glasgow's small businesses are feeling the double impact of summer holidays and a slip in productivity. But these problems are…

#bank#invoice#small businesses


Reverse factoring offers suppliers a fast track to their...

Large retailers and banks are discussing agreements that would enable suppliers to be paid promptly in return for a fee.…

#bank#Bank of England#forum

Smaller manufacturers enjoy export growth for first time in...

Export orders for small- and medium-sized (SME) manufacturers have grown for the first time in over a decade, and are…

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