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Europe

Vneshtorgbank operations reach Ђ500m

Vneshtorgbank's total amount of operations, covered by export insurance agencies, has increased six times in the past three years and has reached Ђ500m, Natalia Loginova, department head on contacts with financial institutions, announced. Loginova explained that special documents have been...

#bank#banks#exports

Bibby launches new confidential service

In a drive to expand the breadth of its product portfolio and to meet the growing needs of UK businesses,…

#cash-flow#financial services#invoice


Basel reform will offer greater opportunity in providing flexible...

Politicians and financiers yesterday agreed on the importance of readily providing capital to small- and medium-sized enterprises (SMEs) and bemoaned…


Disputable Kc40bn claim on CSOB sold to Slovak General...

The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak…

#bank#guarantees#investment


UK start-ups reach new peak

Barclays today unveiled new figures showing that the number of start-ups during 2004 outstripped anything recorded since it began tracking…


Barclays plans to grow services for SMEs in Spain

Barclays Bank Espana, the Spanish division of UK banking group Barclays, has revealed plans to expand services for small- and…


Caja Madrid targets SMEs

Leading Spanish savings bank Caja Madrid yesterday revealed details of an aggressive plan to increase its client base for small-…

#bank#smes#Two


Fortis Bank appoints Paul Peeters as Country Manager for...

Paul Peeters (53) holds a Master of Applied Economics degree from the Sint Ignatius University Faculty of Antwerp and a…

#bank#Corporate banking#i


Central bank lifts hard currency restrictions

The central bank (BNR) lifted restrictions on Romanian companies' hard currency acquisitions from 24 February 2005. Previously Romanian companies were…


Eximbank tackles currency exchange risk

Eximbank will launch foreign currency exchange risk operations in March to support exporters, bank president Mariana Diaconescu said last week.…


Slovak Factoring Association has a new director

General meeting of Slovak Factoring Asociation (SFA) has elected a new director. Miroslav Bernat, general manager and head of board…

#bank#international#management


LTSBCF in Ј9m buyout for Leeds health staff companies

BUPA Healthcare Professionals, which includes BUPA Nursing, Strand Nurses, Montpellier Health Care and Professional Healthcare Services, has been bought from…

#commercial finance#management

Atradius sees growth ahead on credit insurance market

Hungary's credit insurance and receivables management market is worth about HUF 2.5bn, but should grow significantly, as Hungarian companies do…

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