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The interest rate for companies wishing to apply the late payment legislation will be 12.5% for the period 1 July to 31 December 2004. For the previous period (1 January to 30 June 2004) the rate was 11.75%. The late...
Liverpool-based factoring and invoice discounting company Bibby Financial Services has signed a deal with Chester's GB Group to use its…
#anti-money laundering#financial services#invoice
UK corporate profitability has fallen for 18 consecutive quarters and is now barely one-third the level achieved in early 1999……
The Bulgarian Foreign Investment Agency (BFIA) has forecast that foreign direct investments (FDI) volume will rise from US$1,600m to more…
#GDP#investment#investments
The European Investment Bank will lend Ђ30 million to Vereinsbank Riga to finance SME infrastructure projects. According to Thomas Schuetze,…
The Russian Central Bank is reducing its refinance rate from 14 per cent to 13 per cent from 15 June.…
The European Investment Bank (EIB) and Serbia-Montenegro signed an agreement at the National Bank of Serbia (NBS) for a Ђ45…
#bank#international#investment
The attention of Poland's banking sector has started to shift to small- and medium-sized firms (SMEs). Consisting of 1.8million active…
#bank#bank loan#bankruptcy
Cut-price tenders to win construction contracts could end up with companies incurring huge losses, according to latest risk analysis by…
By Andrew Miles of Pricewaterhouse Coopers, Frankfurt The ministry of finance has issued a decree to the effect that factoring…
#debt collection#risk#security
In the scope of the rationalisation programme of the factoring activities of the UniCredit group, UniCredit Factoring has purchased the…
#risk#Unicredit#Unicredit Factoring
Bury-based Regency Factors plc has reported pre-tax profits of Ј223,382 for the year ended 31 January 2004, an increase of…
Financing supplies is a short term (up to 180 days) financing instrument for current assets, applied on supplies of goods…
#interest#interest rate#Nordea