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“The programme of support for small business will be started in 2005,” Andrei Sharov of the Ministry of Economic Development and Trade said. According to Sharov, the project is aimed at the development of micro-financing institutes. "Our task is to...
#bank#bank loan#interest rates
Banche Popolari Unite Scrl (BPU) has agreed to sell its 50% stake in ABF Leasing SpA to Banca Popolare dell'Emilia…
#interest#leasing
The Government today announced the outcome of its review of the regulations facing small firms and their 'business angel' investors.…
#Access to Finance#financial services#funding
Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…
Over 12,000 limited companies have failed so far in 2004, a failure rate of 64 companies per day, according to…
#financial services#insolvency#insurance
Merloni Elettrodomestici SpA said its board agreed yesterday to sell a 40% stake in the factoring company Faber Factor for…
The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…
#insolvencies#insolvency#insurance
The Better Payment Practice Group (BPPG) has updated the exporting section of its website, www.payontime.co.uk to give businesses credit management…
#exporters#exports#management
CAC Leasing will draw a loan from the European Bank for Reconstruction and Development (EBRD) of Ђ10 m. The contract…
National Bank of Slovakia (NBS) has cut key interest rates by 50 basis points. From Monday, 29 November, the one-day…
Small businesses in the UK are losing a staggering Ј6.5 billion every year due to unpaid invoices, according to new…
#commercial finance#credit protection#invoice
Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has promoted Mike Bailey to the position…
#bank#IGF#invoice
France's Societe Generale, majority owner of BRD-Groupe Societe Generale, bought the state's remaining 7.3 per cent last week. AVAS said…
#acquisition#bank#investment