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Europe

The Better Payment Practice Group finds that size doesn't...

A survey by the Better Payment Practice Group (BPPG) has revealed that nearly 40% of respondents think that small companies are worse payers than large companies. This challenges the perceived wisdom that it is just large firms that pay late....

#cash-flow#invoice#late payment

Atradius announces the appointment of a new CFO

Atradius, a global leader in credit insurance and credit management, announced that it appointed Delfin Rueda as chief financial officer…


BOI buys UK Wachovia asset-based lending subsidiary

Bank of Ireland today announced the acquisition of Burdale Financial Holdings, a leading UK-based comprehensive asset-based lender and subsidiary of…

#asset-based lender#bank#financial services


SMEs to receive Ђ10m in extended financing programme

The London-based European Bank for Reconstruction and Development (EBRD) will extend its joint EU financing programme in Hungary by providing…

#bank#European Commission#leasing


Lack of finance hampering small business growth – Bibby

The opportunities for British small firms to grow and prosper are being hampered because they simply do not know where…


Raiffeisen Bank Polska to finance medium-sized enterprises

Raiffeisen Bank Polska will receive a huge Ђ165(PLZ692)m loan from a consortium of 17 foreign banks. The bank's president, Piotr…

#bank#banks#Raiffeisen


Eximbanks sign cooperation agreement

Hungary’s Export-Import Bank (Eximbank) Rt and its Russian counterpart Rosseximbank, along with Hungarian export insurer MEHIB Rt, have signed a…

#bank#Two


Coface to separate chairman and chief executive posts

French credit insurance group Coface has decided to separate the roles of chairman and chief executive, in line with practices…


Survey highlights Ј1bn in unpaid invoices

Businesses in Scotland could be losing Ј1bn a year in unpaid invoices. A survey into business payment habits by Intrum…


Fraud reduces Factor 21 third-year profits

Factor 21, the Oxfordshire-based factor, has announced pre-tax profit of Ј177,693 for the year ended 30 June 2004 on turnover…


Bibby report suggests SMEs dissatisfied with banks

One of the leading small business cash flow specialists Bibby Financial Services is urging owners and managers to explore the…


EBRD to buy bank’s additional issue preferred stock, capital...

The European Bank for Reconstruction and Development (EBRD) will acquire preferred stock from an additional issue by International Moscow Bank…

#bank#interest#international

Borrowing difficult for SMEs

The increasingly stronger position held by large foreign banks on central and eastern European markets, Romania included, tends to seriously…

#bank#banks#smes

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