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Europe

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 the tax base if meeting certain conditions, Prime Minister Gyurcsány announced. The 10% profit would apply on SMEs enjoying no...

‘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…


Value of insurance on Polish exports soars

Speaking at a conference on Monday, the chairman of the Export Credit Insurance Company (KUKE), Jaroslaw Biernacki pointed to figures…


FDA encourage creative thinking with factoring course

By Sandrine Lester, BCR's factorscan Editor The FDA has a reputation for setting a benchmark in excellence for the variety and standard of…

#commercial finance#forum#invoice


Siauliu Bank granted Ђ2 m credit line for SMEs

Siauliu Bank and the Nordic Investment Bank have signed an agreement that will grant Siauliu Bank  a credit line of…

#bank#investment#smes


MFB launches new HUF 2bn ( Ђ8,115.41) loan...

The Hungarian Development Bank (MFB) has signed a contract with Budapesti Vallalkozasfejlesztesi Kozalapitvany (BVK) subsidiary Enterprise '94 to launch the…


BRE’s new strategy focuses on small- and medium-sized firms

BRE Bank has devised a new corporate banking strategy that will focus on small and medium-sized enterprises (SMEs), instead of…


GE FactoFrance moves into new sectors

GE FactoFrance, the French factoring subsidiary of US group General Electric, has announced that it has launched business lines (more…)


FDA members report 20% rise in client sales volumes...

Irish members of the Factors Discounters Association (FDA) have reported client sales volumes of (more…)


FDA members report sharp rise in syndicate deals volume...

The Factors Discounters Association (FDA) has released its members quarterly statistics, which show a marked increase in the volume of…

Swedish rates cut to historic low

The Swedish Riksbank has cut its key interest rate  to an historic low level of (more…)

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