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A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments stands at Ј20b a year. 9,000 companies were surveyed in 22 EU Countries. Focusing on the UK, only 53% of...
#British business#late payment#management
Euler Hermes, the French credit insurance company, has announced that it has raised its stake in its Greek joint-venture, Phoenix…
The Czech National Bank (CNB) bank board took the markets by surprise, raising interest rates by 0.25 percentage points. The…
#bank#banks#inflation
On BCR’s behalf, Emma Shotton speaks to senior factoring company executives to find out how they will continue to grow…
Lloyds TSB Commercial Finance (Lloyds TSB CF) unveiled record results for the business with combined profit before tax of Ј52.534m,…
Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…
Aim-listed Dynamic Commercial Finance has rejected a cash offer from Enterprise London plc at 107p a share. Traders have speculated…
#commercial finance
Potential Finance Group PLC has reported a drop in pre-tax profits, according to the commercial finance group’s interim results for…
#business finance#commercial finance#funding
Businesses are embracing the late payment legislation by warning customers in advance that interest will be charged if they fail…
#interest#late payment#management
The privatisation of the largest domestic bank in Poland, PKO BP, might be delayed, but despite this, the fight to…
#bank#management#poland
An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF),…
#banks#insolvency#international
Independent Growth Finance (IGF), the UK invoice finance company, is strengthening its client management team in the south of England,…
Mid-market firms in Wales are the least optimistic in the UK when it comes to business growth over the next…