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Europe

Factoring licenses may be abolished

The RF Duma is considering an amendment to the Civil Code that, if ratified, will resolve an inconsistency in Russian law and open the door for any commercial entity to engage in factoring (more…)

#credit risk#receivables#risk

Intermarket takes 50% hold in Compania de Factoring

Intermarket Bank, the Austrian finance provider, has secured a 50 per cent share in Romania's (more…)


Fortis appoints country manager for Russia, targets export finance

Fortis has appointed Maarten Pronk country manager for Russia (more…)

#bank#ING#international


GECF provides confidential invoice discounting, trade finance package

GE Commercial Finance's business finance unit has completed a £450,000 invoice discounting and trade finance deal for (more…)

#business finance#commercial finance#credit protection


UK export markets show trading conditions best for six...

A new measure of the health of UK export markets shows trading conditions to be the best for six years,…


Lloyds TSB Commercial Finance finances MBO at auto supplier

The managing director of a UK plastics firm that supplies Aston Martin and Lotus has bought the company 20 years…


GECF assists in confidential invoice discounting deal

GE Commercial Finance's business finance unit has stepped in with a confidential invoice discounting, plant equipment loan and a cash…

#business finance#cash-flow#commercial finance


Tough cash flow control urged as oil prices soar

UK firms should keep watch on their cash flows if they find themselves hit by economic volatility as a result…


Bibbys warns SMEs on the summertime blues

While the summer months may be the time for many to kick back and relax, they can be among the…


EBRD, EU and OTP Bank Romania help SME sector

Entrepreneurs across Romania will have more access to finance to build or expand their businesses with the help of a…

#Access to Finance#bank#European Commission


Bankruptcy Act amendments to take effect 1 July

Changes made last year to Hungary's Bankruptcy Act will come into effect on 1 July. The amendments will make it…

#bankruptcy#management#WHO


Euler Hermes supports turnaround culture

There is a perception in the turnaround and recovery profession that consulting with a credit insurer and highlighting that a…

#Allianz#banks#financial institutions

Potential Finance announces H1 profit figures after sale of...

Potential Finance Group PLC said that Potential Asset Finance, its asset finance subsidiary, had had to absorb much of the…

#management

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