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Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced. The change comes into operation tomorrow. MC cut the base rate by 50 bp from 8.25 to 7.75 bp on...
CCF, the French bank, is to acquire the entirety of its factoring subsidiary Elysees Factor through the purchase of a…
#bank#Credit Agricole
The preliminary estimate shows that the chained volume (real terms) measure of gross domestic product (GDP) increased by 0.6 per…
#financial services#GDP#Office for National Statistics
The number of limited businesses failing in the first three months of 2005 rose for the second consecutive quarter, according…
#bad debts#insolvencies#insolvency
One of the UK’s leading independent financial companies, RDM, are hosting a number ladies golf days, for colleagues and associates…
The Forum of Private Business (FPB) has met with all of the main political parties and canvassed their views on…
A new factoring and forfaiting company has been launched by Hнr Televнziу Rt owner Istvбn Tцrцcskei and Klбra Deбk, who…
While small- and medium-sized enterprises (SMEs) still prefer bank loans to regulate cash flow, companies are increasingly turning to alternative…
DCD Factors plc, the London-based factor and invoice discounter, has released results for the year to 31 December 2004 showing…
#factoring industry#invoice#management
LLOYDS TSB Commercial Finance has appointed Donna McMillan as senior client manager for Scotland. Manus Fullerton, director of corporate and…
Bibby Financial Services, a global provider of business cash flow solutions, has launched a unique new trade services offering, providing…
#commercial finance#financial services#smes
Research by the Better Payment Practice Group (BPPG), has found that two fifths of businesses are risking bad debts by…
The supervisory board of French bank Banque Sanpaolo is discussing the bank's strategy for the period between now and 2007.…