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Europe

Foreign investment in first six months

In the first half of 2004, a total Ђ422m was invested by foreign companies in Hungary through the Hungarian Investment and Trade Development Agency (ITDH). ITDH is currently overseeing 175 new investment projects. Eight projects are valued separately at Ђ3m...

#3M#investment#trade

Achim Schmidt talks to BCR about the most important...

Enterprise Finance Europe (EFE) started its business activities in 2002 as a 100 per cent subsidiary company of the Bank…


Metal trader secures factoring deal

Leman Ukraine, the Kiev-based metal trader, has secured a factoring deal worth UAH 8.5m. Ukrsotsbank, the Ukrainian bank, will provide…


Detailed analysis of the UK economy identify growth areas

Business and financial services accounted for over 30 per cent of total UK economic output for the first time in…


Bibby Factors appoints new regional manager

Bibby Factors, a specialist provider of business cash flow solutions, has announced the appointment of Simon Hudd as regional manager…

#bank#business finance#cash-flow


Young leasing company reports 2004 portfolio growth

The leasing portfolio of one of the youngest leasing companies in Latvia, NORD/LB Lizings, has reached LVL 6.7 million (Ђ10.1m),…


Factoring Slovenskej Sporitelne first half results

Factoring Slovenskej Sporitelne (Factoring SLSP) reported a turnover of Skk5,188 bn (Ђ129.8m) in H1 of 2004. Its share of total…

#interest


Bibby Factors Wessex appoints new sales manager

Bibby Factors Wessex, a specialist provider of business cash flow solutions has recently adding to its growing sales team with…

#bank#cash-flow#financial services


Key promotion at Bibby Factors Manchester

Bibby Factors Manchester, a specialist provider of business cash flow solutions, is pleased to announce today that it has promoted…


Fish merchant defrauded factor with fresh air invoices worth...

A Brighton fish merchant who tried to falsely claim more than Ј5.5 million from a finance company by inventing customers…


Fortis looks to new products, markets to halt losses

Fortis Commercial Finance (FCF), the UK factoring and invoice discounting provider, has reported a 122 per cent increase in pre-tax…

#bank#commercial finance#international


SMEs fail to notice taxation changes

Just 7 per cent of SMEs claim to have benefited from this year's Budget, according to a survey of 500…

Base rate cut by 50bps

The Monetary Council of the National Bank of Hungary Rt (MNB) has cut the central bank base rate by 50…

#bank#inflation#international

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