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The French banking group Credit Agricole SA has finalised its acquisition of 49.09 per cent of French factoring company Eurofactor from the French credit insurer Euler Hermes. The transaction, which puts Eurofactor's global value at Ђ383m, raises Credit Agricole's stake...
According to experts at BDO Stoy Hayward, 2004 is expected to record the lowest number of business failures for six…
The European Bank for Reconstruction and Development (EBRD) is opening Rosbank a credit line for US$20m for five years to…
#bank#banks#smes
The export financing division of German state-owned bank Kreditanstalt fur Wiederaufbau (KfW), has announced plans to enter the leasing market.…
#acquisition#bank#funding
Cash flow problems caused by late payment are the curse of small business, creating serious and sometimes terminal trouble for…
#bank#commercial finance#debt collection
The Institute of Chartered Accountants in England & Wales (ICAEW) has welcomed today’s announcement by the Government on proposals to…
The popularity of factoring and invoice discounting has continued to grow as industry turnover hit record levels for the third…
The Royal Bank of Scotland’s Corporate Banking & Financial Markets (RBS) business has appointed Adrian Sainsbury as managing director of…
Almost two thirds (64%) of all small business owners and managers in the UK are vowing to improve their cash…
#cash-flow#financial services#management
2004 is expected to record the lowest number of business failures for six years, according to experts at BDO Stoy…
The European Bank for Reconstruction and Development (EBRD) is increasing its exposure to Banca Transilvania by a further Ђ7.5m, as…
#bank#international#Raiffeisen
The European Bank for Reconstruction and Development (EBRD) has issued the bank Uralsib US$40m (Ђ31m) for its lending program for…
The Better Payment Practice Group (BPPG) advises businesses that the interest rate for companies wishing to apply the late payment…