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Europe

Versailles’ investors plan to sue

City investors who lost millions in the trading fraud at collapsed finance group Versailles plan to sue chairman and founder Carl Cushnie for the return of some Ј13 million. Cushnie was last month sentenced to six years in jail for...

#Two#WHO

Growth of SME segment expected

Small- and medium-sized enterprises (SME) in Hungary are on course for serious competition in the free market. One of the…


ECGD reports Ј2.9bn support for UK exports in 2003/04

The Export Credits Guarantee Department (ECGD) has published its Annual Review and Resource Accounts 2003-04, showing that, despite another challenging…

#exporters#exports#guarantees


Dynamic Commercial again advises shareholders not to accept Enterprise...

Dynamic Commercial Finance PLC said it continues to unanimously recommend shareholders reject the offer by Enterprise London Ltd and not…

#commercial finance


Export credit agency report shows Ј2.9 splurge in 2003

The Export Credits Guarantee Department (ECGD) has published its annual review and resource accounts 2003-04, showing that it provided UK…


Factoring software disposal ‘stopped the rot’ – Highams chief

The chairman of Highams Systems Services, the UK software group, said the sale of its factoring software subsidiary Highams Business…


Latest report on the Spanish factoring industry

“Factoring activity in Spain continues to outpace the performance of the general economy, with factoring turnover in 2003 rising 18.12…


Companies Annual Report 2003 – 2004 published today

The Companies Annual Report (ISBN 0-11-515510-4 ) published by The Stationery Office contains facts and statistics on: Company Law Developments…

#compliance#trade


Atradius branch to offer credit insurance services

The world's second-largest credit insurer, Atradius Credit Insurance of the Netherlands, will soon begin selling insurance in Poland through a…

#Atradius#bank#Deutsche Bank


HSBC offers high-speed SME loan decisions

HSBC claims it can now decide loan facilities below Lm 25,000 within 60 minutes. The offer is part of the…

#bank#cash-flow#conference


Insolvency rates close to 10-year high – Euler Hermes

The number of insolvencies in England and Wales jumped to its highest level in almost a decade last year, according…


Bank lending to small business grows annually by 10%

Latest figures for banks' lending to and deposit from small businesses in the first quarter of this year show that:…

MFB supports SMEs development

The national development bank (MFB) has shed its loss-making centralised past and has become a strong financial institution solely concentrating…

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