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Europe

GMAC sees huge opportunity

GMAC Commercial Finance Group has begun operations in the Polish market. The company is offering its customers a record keeping service of liabilities, monitoring the timeliness of debt repayments, vindication services and taking over the risk of customers' inability to...

#commercial finance#financial services#risk

Three banks launched a credit register

Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans…

#banks


IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…

#banks#international#Vice president


SMEDAN seeks UNDP support for SMEs

Small and Medium Enterprises Development Agency (SMEDAN), has reached agreement with the United Nations Development Programme (UNDP), in Nigeria for…

#bank#smes


Credit insurance – the industry discusses how to tap...

So far, credit insurance has primarily been the domain of specialist brokers that have a good understanding of the products.…

#insurance


Abbey sets sights on the SMEs market

Abbey National plans a sustained attack on the market for banking services for small- and medium-sized enterprises after the completion…

#bank#management#small business


Bulgaria FDI soars to EUR 1.34 B

Foreign direct investments in Bulgaria for the first seven months soared to Ђ1.34bn, up from Ђ795.6m year-on-year, the Bulgarian National…


Exporters can arm themselves against bad debts

Credit insurer Coface UK's latest product launch includes the provision for exporters to shield themselves against bad debts. The financing…

#bad debts#exporters#receivables


New factoring company with ambitious plans enters Polish market

GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…

#commercial finance#insolvency#management


BOE holds rates at 4.75%

UK interest rates have been kept on hold at 4.75% following the latest meeting of the Bank of England's rate-setting…

#bank#Bank of England#interest rates


Index of production August 2004

In the three months to August, the seasonally adjusted chained volume index for the output of the production industries was…


Ј700m is raised by mezzanine fund team

A new independent fund that will help finance the buy-out of large companies has raised Ђ1bn (Ј700m). The UK-based fund,…

#bank#international#liquidity

David Totney is back on his old hunting ground

One of the best known figures on Birmingham's commercial finance scene has returned to his old hunting ground in the…

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