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The Russian Central Bank is reducing its refinance rate from 14 per cent to 13 per cent from 15 June. The Central Bank last changed the refinancing rate on 15 January when the rate fell to 14 per cent from...
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
Lloyds TSB Scotland is expanding its new corporate offices in Glasgow just six months after moving in, leasing an additional…
The Bank of England raised the main interest rate by a quarter-point to 4.5 per cent today, in a move…
#bank#Bank of England#inflation
Foreign direct investment (FDI) in the Czech Republic reached CZK31.5 bn in 1Q 2004, up by CZK4.2 bn compared to…
#GDP#international#investment
According to a survey of around 450 small- and medium-sized companies (SMEs) by BNP Paribas Lease Group (BPLG) and Agence…
#investment#small business#smes
Lawyers for Carl Cushnie, the convicted trade finance fraudster, will today seek to have his six-year prison sentence reduced to…