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Europe

Atradius boosts Polish trade

In Poland, the number of companies that insure their trade debts is growing. But, compared to Western countries, this number is still low. For example, in Germany 26 per cent of companies take up credit insurance while in Poland it...

Broadening of Small Firms Loan access

As a provider of the DTI's Small Firms Loan Guarantee Scheme, Venture Finance director, Alison Small considers the impact of…


Finansbank secures syndicated loan for business finance and to...

Finansbank Romania has obtained a Ђ15m syndicated loan arranged by Alpha Bank's London branch, The Bank of New York and…

#bank#business finance#exports


Norway and Poland sign agreement on EEA funds

Norway and Poland have signed an agreement on how Norway's contributions towards the expansion of the EU shall be used…

#exports#poland


Small firms offered loans boost

A boost for small businesses, offering bigger loans to fund expansion plans, was announced by chancellor Gordon Brown today. For…

#guarantee#guarantee scheme#interest rates


One in ten businesses pay customers late when they...

Research by the Better Payment Practice Group (BPPG) has found that nearly 11% of businesses would pay their customers late…


Uralsib-Moldfactor SRL has started in the Republic of Moldova

National Factoring Company Uralsib-NIKoil (new "factoring" brand of financial corporation Uralsib, ex financial corporation NIKoil) has established its first subsidiary…


North of England factor reports profit in second year...

Skipton Business Finance Limited (SBF), a subsidiary of Skipton Building Society, has reported a profit before tax of Ј407,050 for…

#business finance#Skipton Business Finance#working capital


Factor plans float

Eurofaktor, the country’s largest non-banking factoring company, has revealed plans to debut on the Warsaw bourse. Eurofaktor hopes to raise…


Franfinance follows Pekao Leasing and tidies up its group

Franfinance Polska has changed its name to SG Equipment Leasing (Polska). "The main reason is our strategy which aims to…

#leasing#Societe generale


GMAC sees huge opportunity

GMAC Commercial Finance Group has begun operations in the Polish market. The company is offering its customers a record keeping…

#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

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