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Europe

Cattles Invoice Finance Limited announces soaring profits in 2003

Cattles Invoice Finance Limited, the Manchester-based factoring company, have released financial statements for the year to 31 December 2003 showing pre-tax profit of Ј1.12m an increase of 45.13% compared to the 2002 figure of Ј772,583. Turnover in the same period...

#cash-flow#financial services#funding

Post Bank plans to develop leasing and factoring

Post bank said its target was to acquire 10% market share, bank's chief executive officer, Anthony Hassiotis, said. At present,…


Atradius announces head of sales appointment

Ian Bocca has been appointed as Head of Sales for Atradius, a UK leading credit insurer and credit management provider.…

#Atradius#i#insurance


Ultimate Finance Group – directorate change

Ultimate Finance Group PLC 12 November 2004 Ultimate Finance Group plc 12 November 2004 directorate change and result of Annual…

#invoice#management#recourse factoring


GMAC Commercial Finance opens Polish office and secures deals...

GMAC Commercial Finance (GMAC CF) has today announced its success in securing six commercial finance deals in Poland, worth over…

#commercial finance#export finance#financial services


Trade financing and credit insurance

“In Sweden commercial banks provide loans to larger companies and niche banks lend to smaller firms. Such credits have typically…


IFC launches project for developing leasing in the Ukraine

The International Finance Corporation (World Bank group) has launched a technical aid project to develop leasing in the Ukraine, Edward…


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…

#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

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