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Europe

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Spain’s foreign direct investment (FDI) has dropped for a third year due to competition and an outdated low-cost labour strategy. Overseas investment in Spain fell by 40 per cent in 2003 compared to 2002, reaching only Ђ22.7 billion, according to...

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


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

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