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Europe

Griffiths announces Ј0.5m for business incubators from DTI

Small Business Minister Nigel Griffiths congratulated 31 organisations which are receiving nearly Ј500,000 of grants to help set up business incubator projects in England. The grants, from the Department of Trade and Industry’s (DTI's) Small Business Service, will help the...

#Boost#investment#management

Euler Hermes raises stake in credit insurer

Euler Hermes, the French credit insurance company, confirmed on Friday that it has increased its stake in the Portuguese credit…

#Allianz#bank#insurance


Lender confidence and bank competition boost number of loans

Small- and medium-sized enterprises (SMEs) have finally found a way to get hold of bank loans. Banks have reported an…

#bank#exporters#international


Foreign investment slide troubles Spain

Spain’s foreign direct investment (FDI) has dropped for a third year due to competition and an outdated low-cost labour strategy.…


Latvian loan market continues to grow

The volume of loans issued by Latvia’s commercial banks has grown by 20 per cent in the first half of…


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…

#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

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