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Bank Leumi (UK) announces record profits in 2005, plans...

Bank Leumi (UK) has announced record profits in 2005 with pre-tax profit on ordinary activities of £15.3 million, compared to £13.5 million for 2004. After tax, profits were £10.8 million, which represents a return on capital of 10.1%, compared to...

#bank#Bank Leumi#invoice

Enterprise Finance Europe strengthens new London business team

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has recruited its new sales director to help strengthen its new…

#bank#commercial finance#i


EUROFACTOR AG names sole CEO

After many successful years at EUROFACTOR AG, Member of the Executive Board Ralf R. Bauer is to leave the company,…


Factoring first as Bibby snaps up UK broker

The acquisition by Bibby Financial Services of domestic broker Factoring UK is a first of its kind for the industry,…

#acquisition#financial services#interest


Driving new sales from within – Heliium Finance

David Richards and Mark Wignall, co-founders of Independent Growth Finance (IGF), along with Richard Keenan and Mike Bailey, former IGF…


Bibby announces acquisition of UK's leading factoring brokerage

Today the Bibby Financial Services Group announced that it has acquired the UK’s leading factoring brokerage, Factoring UK Ltd (more…)


Davenham H1 pre-tax up on higher turnover

Small business loans company Davenham Group PLC reported first half profits up on sharply higher turnover... (more…)


Close Invoice Finance named 'UK's best factor'

Close Invoice Finance has been awarded the title of Best Factoring & Invoice Discounter Provider for 2006 by Business Moneyfacts. Barclays…


GE sells stake in Heller Factoring

Spain's third-largest bank, has announced it has purchased a stake in Heller Factoring from US conglomerate General Electric (GE) for…


LloydsTSB's asset finance unit sees profits dip

The asset finance business of UK bank LloydsTSB recorded a nine per cent fall in profit before tax for financial…


Acquisitions boost Fortis’ European asset finance operations

Fortis announced today that it has acquired 100% of the capital of two Hungarian leasing companies - which target mainly…


2006 Private Sector Payment Performance League Tables now available...

The Federation of Small Businesses (FSB), in association with The Credit Management Research Centre at Leeds University’s Business School, has…

Getin Bank launches 'Factor in Bank', targets SMEs

Getin Bank has announced the launch of a new division which is to concentrate on providing factoring services for small-…

#bank#banks#smes

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