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Europe

BT's Bland says US Sarbanes-Oxley compliance 'a great burden'

BT PLC chairman Christopher Bland believes the regulatory regime prescribed by Sarbanes-Oxley legislation is "a great burden," imposing heavy costs for a US listing, the Financial Times reported on its website. Bland was quoted as saying, however, that there was...

#bonds#compliance#i

Latvian factoring and leasing market up 11.8 per cent...

According to the Latvian Lessors’ Association (LAA), the leasing and factoring market in Latvia has grown 11.8 per cent this…

#banks#interest#leasing


KFK to provide funding assistance to SMEs

The Sejm has begun work on a bill setting up a National Capital Fund (KFK) to support small-and medium-sized enterprises…


Berne Union elects Vice President

The coordinator of special projects in the Policy Group at the Export-Import Bank of the United States (Ex-Im Bank), Piper…


New venture capital fund eyes local SMEs

A new venture capital fund, called Novum Hungary Growth Fund, will start operation in the end of the first quarter…

#bank#European Investment Fund#financial institution


Eximbank to support Slovak exports by SKK66 bn in...

Slovakia’s Eximbank plans to support Slovak exports by SKK66bn next year to what presents 7.3 per cent of a total…

#exports#guarantees#poland


Fraser Irvine appointed new business development manager for Venture...

Asset based financier, Venture Finance, today announces the appointment of Fraser Irvine, as business development manager for its Leeds office.…

#Business Development Manager#guarantee#guarantee scheme


Dawnay Day increases stake in Ultimate Finance

Activist investment boutique Dawnay Day has lifted its stake in factoring firm Ultimate Finance. Dawnay Day has picked up 540,000…

#investment#unpaid invoices


BRD – Groupe Societe Generale – increase factoring volume...

In the first nine months of 2004, BRD – Groupe Sociйtй Gйnйrale recorded a volume of Ђ80m from factoring operations,…


OTP draws 50 per cent of CEB loan to...

The Council of Europe Development Bank (CEB) is providing a Ђ100 m loan facility for Hungary's largest commercial bank OTP,…

#bank#interest#interest rates


Number of venture capital transactions in 2004 overtakes 2003...

There were 35 venture capital transactions in Hungary during the first 11 months of the year, up from 25 during…

#economy


Chamber and credit agency to rank SMEs looking for...

Small companies in the Czech Republic can now have their financial health evaluated by an independent credit agency. A project…

#bank#banks#risk

IGF and DCD announce merger timetable and new board...

Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…

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