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Europe

SZRB reports H1 profit before taxes

The Slovak Guarantee and Development Bank (SZRB) made a profit before tax of SKK 276.09 million (Ђ6.93m) in the first half of this year, compared with SKK 200.93 million (Ђ5.04m) it reported for the same period of 2003. The balance-sheet...

#bank#bonds#guarantee

Lithuanian factoring sales up by 30%

The Lithuanian Leasing Association has reported that the sales of factoring services went up by almost 30 per cent in…

#funding#leasing#trade


Insolvency statistics for Q2 2004

Quarterly figures for company and individual insolvencies were published today. The figures show company insolvencies have fallen when compared to…


Latvian factoring market expected to grow strongly

The leasing and factoring portfolio of members of the Latvian Lessors association reached LVL 356.6 million in the first half…

#interest#leasing#Nordea


KPMG report finds increase in level of fraud

The level of fraud is on the increase according to the latest research from accountant KPMG's fraud barometer. The figures,…

#MAN#Two


Dynamic Commercial Finance plc board changes

The following statement was issued by the London Stock Exchange’s Regulatory News Service on Wednesday, 4 August 2004: “Following the…


Roseximbank renamed to DZI Bank

Bulgaria's Roseximbank has adopted the name “DZI Bank,” and will introduce the new corporate logo of the Bulgarian Financial Group…


Average interest rate of bank loans falls

The average interest rate of bank loans drawn down in June fell by 0.23 per centage points, compared to May,…

#bank#interest#interest rate


EEFE President reports on Russia’s factoring industry

Mikhail Treyvish, President, East European Factoring Association (EEFA) and Chairman, Uralsib-NIKoil, analyses the Russian factoring industry and future trends. Read…


Latest analysis of the UK factoring industry

Kate Sharp, Chief Executive, Factors and Discounters Association (FDA), introduces and analyses the UK factoring market, industry environment and future…

#BCR Publishing#factoring industry#World Factoring Yearbook


OB Heller Factoring announces first half 2004 results

Turnover of OB Heller Factoring, a.s. Bratislava reached Sk2.2bn in the first half of 2004. The company predicts that turnover…

#receivables


VTB raises over Ђ27m from German bank

Vneshtorgbank (VTB) has raised more than Ђ27 million under a 6.5-year credit agreement with AKA Ausfuhrkredit-Gesellschaft mbH for long-term import…

#bank#banks#Deutsche Bank

Factoring market grows 73% since January

Ukraine's nascent factoring market is dominated by just two banks and lack of awareness of the profitability of the business…

#bank#banks#GDP

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