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One of the UK’s most prominent factoring organisations, GMAC, is today, faced with the urgent task of replacing three of its most senior level executives after they unexpectedly resigned on Friday. It is not known why directors, Brent Osborne and...
#interest
Research released today by the Factors and Discounters Association (FDA) reveals that being able to provide for retirement was the…
#bank#cash-flow#invoice
Experian®, the global information solutions company, has strengthened its fraud solutions team with three new high profile appointments. Michael Fuller…
#anti-money laundering#bank#financial services
Venture Finance today announced its continued expansion across the UK, with the appointment of Kelvin Thomas as regional director for…
#bank#commercial finance#invoice
The Economy and Transport Ministry, the Hungarian Investment and Trade Development Kht (ITD Hungary) and the Hungarian Development Bank Rt…
UK businesses are being duped out of more than £50 million every year by organised criminals and fraudsters hijacking companies…
Compared to 2003 there was a decrease in foreign direct investment (FDI) of Sk8.7bn (Ђ220m) to Slovakia. The majority of…
#investment#investments
Finansbank Romania will increase its loan resources for foreign trade and SMEs by Ђ10m from new subordinated and syndicated loans,…
Lloyds TSB Commercial Finance has reported a profit of Ј57 million for 2004, a ten per cent growth on the…
#asset-based lender#commercial finance#funding
Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new…
Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.…
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