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Europe

47% ICAEW members think use of invoice finance is...

Recent research conducted by the Institute of Chartered Accountants in England & Wales (ICAEW) revealed that the SME sector is experiencing major change in financing. Nearly half of members surveyed (47%) thought the most significant development in recent years had...

#bank#cash-flow#invoice

Small firms prefer foreign banks, report states

Three foreign-owned retail banks have taken the top slots as the country's best small-business lenders. Further extending a lead it…

#bank#banks#forum


Plans to reform insolvency practitioner regulation

Plans to reform the regulation of insolvency practitioners in Great Britain were set out today by The Insolvency Service. The…

#insolvency#regulation#security


Company insolvencies the lowest ever rate while personal insolvencies...

During the third quarter of 2004, soaring levels of personal insolvency in England and Wales have increased by 6.2% on…

#bankruptcy#banks#insolvencies


Nearly 14 per cent growth in Lithuania's factoring market

The aggregate factoring portfolio of Lithuanian banks and leasing firms at the end of September was LTL 590.3 m, up…


Amlin Credit appoints new underwriting director

Amlin Credit, the specialist trade credit insurer of Amlin plc, is delighted to announce the appointment of Damien Dawson as…


Euler Hermes 9-months revenue slips

Credit insurer Euler Hermes, a unit of Assurances Generales de France SA (12592.FR), said nine-month revenue slipped 0.7% following the…

#3M#insurance#international


Late payment is still a chronic problem for Midlands...

Over half of Midlands owner-managers feel their business is being held back because of late payment by their customers. At…

#cash-flow#funding#invoice


European Commission loan scheme to aid entrepreneurs in Northern...

Local small-business owners have been advised that the European Commission (EC) has approved a new loan scheme to help enterprises…


Griffiths welcomes improved business start-up figures

Small Business Minister Nigel Griffiths today welcomed new figures that show the highest number of business VAT registrations since records…


Central bank approves share capital increase for National Factoring...

On October 27th the Central Bank of Russia approved the increase in the share capital of the National Factoring Company…

#bank#insurance#investment


CSOB Slovak branch nets SKK 540m in 9M

The Slovak branch of the Czech bank CSOB raised its net profit to SKK 539.35m in Jan-Sept 2004 from CZK…

#bank#banks#insurance

EBRD to open US$10m credit line to Agio bank...

The European Bank for Reconstruction and Development (EBRD) is to open a US$10 m direct credit line to AGIO Bank…

#3M#bank#forum

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