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Europe

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: Term lending rose by Ј1.2bn in the quarter, to stand at Ј31.2bn (Ј28.2bn a year earlier). The rise was similar...

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…


Hammonds’ leadership battle

Two candidates have emerged as front-runners to become the new managing partner of Hammonds with finance head Andrew Watson and…


Latest analysis of the French Factoring Market – World...

Read this latest report from Dominique Charpentier, Director, Atradius Factoring Product ; CEO, Etoile (Bonding and Factoring) by going to…

#Atradius#World Factoring Yearbook


New regulations on factoring activities by commercial banks

The National Bank of Ukraine (NBU) has reportedly formulated regulations on factoring activities by commercial banks. According to Andrey Kiyak,…


BoE axes SME division as access to finance 'no...

The nation's small- and medium-sized enterprises (SME) are outraged at a decision from the Bank of England to close its…


Short shrift for Dynamic defence – FT

Enterprise London has dismissed Dynamic Commercial Finance's defence against its Ј4.2m hostile bid for containing "numerous irrelevant observations". Instead, it…


Dynamic offer update

The following information was issued by the London Stock Exchange’s Regulatory News Service “On 21 June 2004, Insinger de Beaufort,…


Enterprise Finance Europe help client with invoice discounting solution

A successful relationship between City-based receivables finance specialists, Enterprise Finance Europe (EFE), and new Oxfordshire-based client, Jonathan Crisp, has provided…

#cash-flow#invoice#management


Key interest rate changes

Romania’s central bank (BNR) cut its key interest rate by 75 basis points yesterday, moving ahead with a gradual monetary…

#bank#banks#inflation


FDI increases in Q1

Latvia's capital and financial account had a surplus of LVL 166.5 million in Q1. The inflow of financial resources was…


The World Factoring Yearbook 2004 report on the Dutch...

“Despite the economic downturn in The Netherlands and Europe as a whole, there is still growth in the Dutch factoring…

#factoring industry#international#World Factoring Yearbook

NORD/LB to release EUR10m in SME lending

Bank NORD/LB Latvia and European Investment Bank (EIB) have signed an agreement on credit facility of Ђ10m. The funds will…

#bank#Nord/LB#SME lending

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