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Europe

BNR rate cuts percolate to commercial banks’ loans

Commercial banks are set to cut interest rates on loans in the coming weeks. Yet, the cut will only be operated on Romanian Lei (ROL) loans. Another cut in interests is being prepared for deposits. The decision to reduce banking...

#bank#banks#interest rate

BoE’s interest rate decision

The Bank of England left its main interest rate unchanged at 4.75 per cent this week, in line with market…


Waiting time for SMEs is over

The government said it would urgently promote measures designed to support small- and medium-sized enterprises (SMEs) with a view to…

#e-commerce#European Commission#guarantee


German factoring companies increase turnover

The 20 companies that make up the German factoring association increased their turnover by almost 25 per cent in the…

#German Factoring Association


Late payment could damage your reputation – survey

For the second year in a row, research conducted by the Better Payment Practice Group (BPPG) has revealed that more…

#late payment#UK companies


Know your customer locations if you want to escape...

Small businesses that want to be paid on time would do well to do business with firms in Northern Ireland,…


Power of asset-based finance realised by Welsh oil firm

A South Wales-based fuel oil firm has broken through the Ј1m turnover mark after less than two years of trading,…

#commercial finance#funding#i


Small business sentiment on the decrease

French business sentiment deteriorated in August, according to a survey of around 450 small- and medium-sized companies (SMEs) by BNP…

#small business#smes


Parent sells factor

Merloni Elettrodomestici (electrical appliances), will sell out Faber Factor, a factoring company half-owned by Merloni Elettrodomestici and the remaining half…

#funding


SMEs operating in industry and services on increase

Small- and medium-sized enterprises (SMEs) acting in industry and services have been on the increase, unlike SMEs dealing in trade,…

#funding#international#smes


The Lloyds TSB Small Business Guide 2005

Since 1987, over 1.5 million UK entrepreneurs have used Sara Williams' Lloyds TSB Small Business Guide to help make their…

#cash-flow#small business


Citibank targets SMEs

Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs. Despite representing an…

#bank#information systems#risk

Top 100 firms slightly less optimistic in August

While continuing to perceive improving trends in the domestic and global economy, large Hungarian firms have somewhat tempered their optimism…

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