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Europe

New factoring figures hint at a maturing market, tough...

Growth in the UK factoring and invoice discounting industry remains steady but unspectacular, particularly on the domestic front, according to quarterly figures from members of the Factors & Discounters Association (FDA). The months March, April, May have not been kind...

#invoice

SME industry expands

The role of the small- and medium-sized enterprises (SMEs) sector in the Bulgarian economy is growing, the chairman of the…

#banks#economy#guarantees


Bulgaria's base interest rate falls

The base interest rate in Bulgaria has been reduced to 2.40 per cent – a decrease of 40 basis points,…

#bank#interest#interest rate


Start-ups receive credit management guidance

The Better Payment Practice Group (BPPG) has launched a new section on its website, www.payontime.co.uk, designed to help the 170,000…


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…

#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

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