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Europe

NLB group consolidates regional presence with Continental banka takeover

The Serbian Minister of Finance Mladan Dzinkic and the director of the Agency for deposit security, rehabilitation, bankruptcy and liquidation of banks Milorad Dzambic signed the Agreement on the purchase of (more…)

#bank#financial services#international

Business optimism amongst SMEs hits lowest levels since 2003...

Optimism amongst Britain s three million small- to medium-sized enterprises (SMEs) has dropped to its lowest levels since 2003, according…


Olympic win is fabulous news for UK business –...

Reacting to the news that London has won its bid for the Olympic Games, CBI director-general Sir Digby Jones -…

#Boost#economy#international


Factoring profile rising among entrepreneurs

Last year factoring companies in Slovakia complained about the lack of awareness of their product among entrepreneurs. A year on…


Capitalia to merge leasing and factoring divisions with Fineco...

Capitalia SpA said its board approved plans to merge with the group's asset management unit and to buy out minorities…

#bank#banks#leasing


Cushnie ordered to pay back Ј10m to Versailles investors

The former chairman of Versailles, who is one year into his sentence, was yesterday ordered to pay the compensation to…


Bank of Ireland Finance appoints new MD

He will have specific responsibility for consolidating Bank of Ireland's number one position in the Asset and Commercial Finance markets…


Commerzbank to launch new ABS product

The first platform to securitise borrower notes for small- and medium-sized companies (SMEs) in Germany is being launched (more…)


5 countries account for 83% of unpaid Spanish exports...

Spanish export credit insurance company (CESCE) says that just five countries account for 83 per cent of unpaid debts for Spanish…

#bad debts#export credit insurance#exports


Fortis Bank enters Hungary

Belgian Fortis Bank recently opened its first representation office in Budapest, Napi Gazdaság reported. Fortis plans to be active in…

#bank#cash management#leasing


10% profit tax for SMEs

Small- and medium- sized businesses (SMEs) would pay 10% instead of 16% profit tax on the first Ft 5m of…


‘One stop shop’ SME funding packages

Key points:State Securities introduces factoring for UK SME’s Expertise in plant hire, printing and transportation industries ‘One stop shop’ funding…

Shares drop at Banca Italease as Monte dei Paschi...

Italian leasing and factoring group Banca Italease yesterday saw its share price drop by 1.29 per cent to close at…

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