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Europe

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 this latest report from the forthcoming World Factoring Yearbook 2004 by going to Russia – Industry Environment and Analysis 2002/03....

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


Another plan to help SMEs

Krajowy Fundusz Kapitalowy (KFK), the country's capital fund should help small- and medium-sized enterprises (SMEs) to obtain funds for investments.…

#financial services#poland#smes


Small firms take upbeat view of economic outlook

The Small Firms Association (SFA) described the economic outlook for the remainder of the year as positive yesterday, but it…

#economic outlook#economy#inflation


CzechInvest attracts 60 new projects in first half

Czech Invest, the government agency founded to support direct investment in the Czech Republic, attracted 60 new projects worth a…

#investment#investments


BPPG responds to late payment research issued by Experian

The Better Payment Practice Group (BPPG) holds the view that action is required by all sectors of the business community…

#interest#late payment#management


Central Bank revokes bank’s licenses

The Central Bank has revoked the licenses of Promeximbank, the Commercial Savings Bank (KBC bank), and Moszhilstroibank, CB officials confirmed.…


Enterprise bid goes unconditional

Enterprise London declared its 107p a share hostile offer for Dynamic Commercial Finance unconditional after winning acceptances and buying more…


Legislation fails to curb late payment problems

The amount of time companies take to settle bills has risen to its highest level since 1998, when legislation was…

#insolvency#late payment#management

Sanpaolo IMI expands business loan scheme

Italian banking group Sanpaolo IMI is expanding its services to businesses with the recent introduction of a Ђ250m programme to…

#banks#smes

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