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Europe

GECF seals invoice finance deal for recruiter

GE Commercial Finance's Business Finance unit has announced it has provided a structured finance package (more…)

UK interest rates raised to 4.75 per cent

UK interest rates have been raised to 4.75 per cent by the Bank of England's Monetary Policy Committee (MPC). (more…)

#bank#Bank of England#inflation


EBRD and Banka Popullore link to support SME finance

The EBRD is lending Banka Popullore, a private bank in Albania, euros 5m to give small- and medium-sized enterprises (SMEs)…

#Access to Finance#bank#banks


Siemens Financial Services expands business opportunities with Euler Hermes...

Siemens Financial Services (SFS), the Siemens Group responsible for financial solutions, has formed a partnership with Euler Hermes (more…)

#bank#financial services#German Factoring Association


Blow for independents as Target Trade Finance hits the...

Target Trade Finance, the debtor and trade finance company, has called in the administrators, factorscan can reveal. The London-based factor…


Factoring companies to start reporting to National Bank

The Central Bank of Slovakia (NBS) is due to start collecting data for statistical purposes from January 2007. The obligation…


RBS Invoice Finance, Nat West and Lombard join forces...

The deal has been structured by the NatWest with additional funding packages also provided by RBS Invoice Finance and the…


Glitnir Factoring turnover up 22% in first half 2006

Glitnir Factoring, a subsidiary of Glitnir Bank, continues its high growth through the first half 2006. The flow of invoices…

#bank#interest


Business confidence indices slip to two-year low

Ecostat's TOP-100 index, a measure of confidence at Hungary's biggest hundred companies, fell to its lowest point in two years. Ecostat's…


Half of businesses need guidance on calculating late payment...

A poll by the Better Payment Practice Group (BPPG) has found that half of UK firms surveyed do not know…

#bank#Bank of England#late payment


Ceska sporitelna bank nets CZK 4.87 bn in H1

Ceska sporitelna belongs to the Austrian Erste Bank group, which comprises the bank CS, insurer Pojistovna CS, Leasing CS, Investicni spolecnost…

#bank#banks#economy


Consultation on Money Laundering Directive launched

HM Treasury has today (31 July) launched a consultation on the Government's proposed implementation of the Third Money Laundering Directive.…

Guy Carpenter adds team of seasoned professionals to political...

Guy Carpenter Company, a global risk and reinsurance specialist, has welcomed a number of experienced professionals to its newly restructured, London-based…

#information systems#Marsh#political risk

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