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Europe

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


SACE: new service for capital goods export companies

The Banca Popolare di Novara e Unionfidi Piemonte (BNP) has signed an agreement for a role with SACE (more…)

#bank#financial services#guarantees


Small business sentiment indicator down in May

French business sentiment was lower month-on-month in May, according to a survey by BNP Paribas Lease Group and Agence France-Presse…

#small business#smes


PARP's report on SMEs

The number of small- and medium-sized businesses in Poland has been expanding less and less dynamically since (more…)

#poland#smes


Caisse d'Epargne, Banques Populaires factoring merger mooted

French co-operative banking groups Caisse d'Epargne and Banques Populaires have decided that their proposed merger will combine their factoring and…


Venture Finance boosts invoice finance team

Venture Finance has appointed Mandy Carroll as business development manager for invoice finance (more…)

#Business Development Manager#financial services#funding


Davenham appoints regional director for Liverpool

Davenham Trade Finance has appointed Mark Lindsay as regional director (more…)


Factoring 'loophole' shutdown

A bill to stop tax avoidance through the factoring of taxable receipts has been introduced by the UK government. (more…)

Coface UK creates London team

Coface UK, the credit management business, has created a London Markets team to co-ordinate the promotion of its range of…

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