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Europe

Euler Hermes expects revenue of more than HUF 2bn...

Hungarian subsidiaries of Euler Hermes, a big provider of credit insurance and manager of trade receivables, expects to end the year with revenue from premiums of HUF 2bn, up from HUF 1.7bn in 2003, Gabor Varga, a member of the...

Birmingham insolvency expert appointed to key leadership role at...

Tony Supperstone, a leading insolvency and business recovery partner at the Birmingham office of accountants BDO Stoy Hayward LLP, has…


Euler Hermes down 4.91%

Shares of Euler Hermes, the French credit insurer, lost 4.91 per cent in Paris yesterday, closing at Ђ50.35, after reaching…


Give UK businesses a break Mr. Chancellor

The UK will see a significant rise in business failures next year if Gordon Brown does not use the pre-budget…


GMAC Commercial Finance northwest boosts factoring and invoice discounting...

GMAC Commercial Finance (GMAC CF) has announced the appointment of Paul Morgan to its Manchester office, where he will be…

#cash-flow#commercial finance#invoice


EIB loans to SMEs to boost economy

The European Investment Bank (EIB) has prepared a solid foundation on which to build a bridge to join the wealthy…


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…

#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

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