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Europe

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 13.7 per cent on year-on-year basis. On September 30, local and international factoring totalled LTL 500.5 m and LTL 89.7m...

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


Structured finance lifts credit clouds over SMEs

German bankers may not like to admit it, but for the first time in post-war German history, the country's small-and…

#bank#bank loan#Deutsche Bank


HVB announces plans to enter the factoring market and...

Matthias Kunsch, managing director of HVB Bank Hungary announced that, contrary to earlier plans, HVB did not set up a…


EBRD to invest up to US$1.5bn in Russian SMEs

The European Bank for Reconstruction and Development (EBRD) is ready to invest up to US$1.5bn in Russian small- and medium-sized…

KUKE improves results, as more firms are eager to...

KUKE, the Polish export credit insurance agency, has collected contributions worth nearly ZL64m over the first three quarters of the…

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