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Europe

Fortis appoints new Country Manager for Poland

Fortis has announced the appointment of Alexander Paklons as country manager for Poland. Alex Paklons was formerly director marketing personal banking at Retail Banking Belgium. He started his career with Generale Bank in 1980 and worked in London (trainee), Singapore...

#bank#international#poland

Minister promises aid to small businesses

The government plans help small- and medium-sized companies by cutting expenses and aiding exporters to boost their share of gross…

#Boost#conference#exporters


NBS lowers key interest rates

The Slovak central bank (NBS) board has cut its key interest rates. As a result, two-week repo tenders will, as…


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…

#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,…

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