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Europe

Eurofaktor eyes ZL8m annual net profit

 Eurofaktor's vice president Miroslaw Nowicki is satisfied with the financial results in the second quarter (more…)

#smes#Vice president

Medicinos Bankas factoring portfolio quadruples

Compared to the first half of 2004, Medicinos Banka's factoring portfolio more than quadrupled year-on-year (more…)

#3M#bank


INVEGA guarantees SME loans worth LTL 36.41m

The company said its guarantees have helped small- and medium-sized enterprises (SMEs) to take loans worth (more…)

#3M#guarantee#guarantees


VUB Factoring appoints new chairman

He has worked in VUB Bank since 2003, first as director of the Business Finance department and then as director…

#bank#business finance#trade


NatWest launches scheme for start-up firms

NatWest has launched a start-up package for new businesses. Under the scheme, new firms will (more…)

#insurance#management#NatWest


SMEs fear Basel II will start credit squeeze

Small- and medium-size enterprises (SMEs) in the Czech Republic fear they will face a credit squeeze as a result of…

#bank#interest rates#international


Government grants budget increase helps fund SME projects

A total of 4,800 small- and medium-sized businesses (SMEs) received government grants worth (more…)

#Jobs#smes


ECGD backs Ј2bn of UK capital goods exports in...

The Export Credits Guarantee Department (ECGD) today published its Annual Review and Resource Accounts 2004-05, revealing that some £2 billion …

#exporters#exports#guarantee


UK's first online factoring service launched

From today, companies wishing to benefit from invoice finance can cut out the middleman with a new online factoring facility…

#ABN AMRO#cash-flow#digital


Experian announces new leadership

He has been with Experian for over ten years, most recently as the managing director of Experian's Business Information division (more…)

#bank#innovation#insurance


New money laundering and terrorist financing guidelines launched

The Joint Money Laundering Steering Group's (JMLSG) proposals would also reduce the documentation needed to verify the identity of non-personal customers…

#anti-money laundering#risk#WHO


Wales welcomes Venture Finance

Award-winning invoice financier Venture Finance has expanded into Wales, with the appointment of (more…)

#awards#invoice#management

Republic sees one-way flow of banks and insurers

Insurance and banking is seeing a flood of western companies into the Czech Republic, while Czech firms appear reluctant to…

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