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Europe

Ultimate Finance Group expects turnover to increase

Ultimate Finance Group expected to be in profit within the year as it unveiled a 79 per cent rise in turnover. In the six months to December 31, the company saw turnover rise to GBP992,000 from GBP554,000 at the same...

#banks#invoice#working capital

SME Invoice Finance expands sales team for 2005

Guildford based SME Invoice Finance have significantly expanded their sales team with the appointment of Amanda DeCourcy, a former sales…


Central bank cuts interest rate

Cyprus’s central bank cut interest rates by a quarter percentage point on Friday in an unexpected move that dealers saw…

#bank#GDP#interest


Aval gets next US$1.8m tranche under EBRD credit line

Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and…

#bank#guarantees#management


Improved credit register to provide more data about SMEs

The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…

#bank#banks#i


General Capital Group plc unveiled in major re-branding exercise

A major re-branding of Grovefield Finance is unveiled with the creation of General Capital Group plc. Building on a history…

#acquisition#funding#investment


Citibank starts campaign targeting SMEs

Citibank is starting a campaign to attract SMEs, managing director Janos Horvath announced. The bank aims to boost both its…

#bank#guarantees#liquidity


Promotion at GMAC Commercial Finance plc Leeds office

GMAC Commercial Finance, one of the UK's leading corporate funding specialists, today announced the promotion of David Culpan to Regional…

#acquisition#commercial finance#funding


Factoring company record report revenues in 2004

D.S.Factoring raised total revenues to record Kc1.4bn last year, up 60 % from 2003, as the company in the year…


Euler Hermes opens a branch in Lausanne

World number one credit insurer has reinforced its presence on the Swiss market. As well as the branch in Zurich,…


Central bank lowers base rate beyond expectations

The Monetary Council of the Hungarian National Bank (MNB) cut its benchmark interest rate by 75 basis points to 8.25%…


Cattles funds growth for Farnham Windows and Conservatories Ltd

Farnham Windows and Conservatories Ltd is set to double its turnover to Ј1 million and take on four new staff…

Skipton business finance appoints national Sales Manager

Andrew Charnley has taken up the role of national sales manager at Skipton Business Finance (SBF), one of the North…

#business finance#financial institution#invoice

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