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Europe

IFC supports SMEs through NLB Continental Banka credit line

The International Finance Corporation (IFC) has agreed to provide a €20 million credit line to NLB Continental Banka of Novi Sad . The bank will expand its term financing to SMEs and (more…)

#bank#international#management

Factoring industry gears for growth with new association

Poland's factors now have a re-branded association to represent the interests of the industry. The Polish Factoring Association is to be…

#commercial finance#conference#ING


Eximbank adapts products to EU competition standards

Romanian Export-Import Bank announced yesterday that it has launched new products for small- and medium-sized enterprises (SMEs) and exporters (more…)

#bank#exporters#exports


Trade finance solution gets united push

Denmark's open economy, where foreign trade accounts for about two-thirds of the country's gross domestic product (GDP) (more…)

#bank#banks#trade


Minister announces SME loan subsidy programme

Greek Development Minister Dimitris Sioufas announced a government programmeto subsidise interest rates on loans to small- and medium-sized enterprises (SMEs)…

#interest#interest rates#investments


Experian to provide Euler Hermes UK with business information

Euler Hermes UK (Euler), the UK trade credit insurer, and Experian, the global information solutions company, have announced that they…

#Allianz#management#risk management


NIB signs top AIB analyst to develop invoice discounting...

National Irish Bank said he will be responsible for developing the asset finance and invoice discounting business across (more…)

#acquisition#bank#banks


De Lage Landen gets leasing deal go-ahead

The European Commission has given clearance under the EU Merger Regulation the proposed acquisition of Athlon, a provider of car…

#acquisition#European Commission#international


Factoring market expands 40 per cent in 2005

The Hungarian Factoring Association announced that Hungary's stock of factored receivables increased to (more…)


NBU lowers discount rate

National Bank of Ukraine lowered the discount rate by (more…)


April factory output falls unexpectedly

British manufacturing output fell unexpectedly in April after a particularly strong March. The Office for National Statistics (ONS) said manufacturing…

#Office for National Statistics#ONS


Cattles IF manager named as new BBFE chairman

The Bolton and Bury Business Referral Exchange (BBFE) has appointed a new chairman to head up its networking group (more…)

Bank of England MPC rate decision

The Bank of England decision was almost universally expected among City analysts and investors, after the minutes from last month's…

#bank#Bank of England#exports

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