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Europe

CAC Leasing takes over leasing business from HVB

CAC Leasing Slovakia, a.s. has taken over the leasing activities of HVB Leasing Slovakia, s.r.o. CAC's majority owner, Bank Austria Creditanstalt group, implemented the move. CAC Leasing expects leasing turnover next year to reach more than SKK1bn. CAC Leasing has...

#bank#leasing

Bulbank extends BGN 10m in to SME loans in...

Bulbank extended loans totalling over for above BGN 10m to small companies during the first month of the promotional programme…


Bank granted Ђ20m EBRD loan to support SMEs in...

The European Bank for Reconstruction and Development (EBRD) lent Ђ20m (some Kc630m) to Czech bank Komercni banka to support small-and…

#bank#European Commission#smes


Criminals “joining finance firms”

People involved in organised crime are applying for jobs in finance firms so they can commit fraud, the Financial Services…


Government launches HUF 80bn loan program for municipalities and...

The government is launching three new loan programs in the total amount of HUF 80 billion (US$420m) to assist investments…

#bank#banks#economy


Polish factoring firm Stock Market debut set for December

Eurofaktor, Poland's fifth-largest factoring company, will debut on the Warsaw Stock Exchange in December 2004 after completing institutional subscriptions during…

#bank#international#international factoring


Confidence in collecting the cash will reduce the barriers...

The Better Payment Practice Group (BPPG) is reminding budding entrepreneurs during Enterprise Week (15th-21st November 2004) that confidence in credit…


ICO to increase assistance to SMEs

In Spain, Instituto de Crйdito Oficial (ICO), a state-owned corporate entity attached to the ministry of economy and finance, plans…


Inter-Europa Bank to borrow Ђ25m to finance SME projects

Inter-Europa Bank will take out a Ђ25m loan from parent bank SanPaolo IMI SpA under a recently signed agreement to…


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…

#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

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