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Euro Sales Finance plc announced a return to profitability with record pre-tax profits of Ј6.0m for the year to 31 December 2003. Stuart Holloway, CEO, commenting on the results, said: “I am absolutely delighted to report that Euro Sales Finance...
A seven-strong team of directors have paid an undisclosed sum for the UK and European operations of Manchester language-training firm,…
Carl Cushnie, once Britain's most successful black businessman, was yesterday convicted for his part in one of the country's biggest…
#banks#forum#frauds
Despite DTI figures which show that UK insolvencies due to late or non-payment are increasing, the majority of small- and…
Foreign direct investment (FDI) in central and eastern Europe should top Ђ20bn in 2004 and 2005, according to Bank Austria…
The CIB group has bought the factoring firm Aginvest-Faktor Rt, Hungary’s second largest factor. CIB Group’s commercial finance units, CIB…
#acquisition#bank#commercial finance
Bibby Factors Northwest, a specialist provider of business cash flow solutions, has announced the appointment of Paul Mountain as regional…
#bank#cash-flow#financial services
Following confirmation of his appointment by the CBI's annual general meeting held in London yesterday, John Sunderland, executive chairman of…
#i#management#Two
More than six in ten UK businesses have stuck with the same bank over the last five years, according to…
#bank#small business#smes
The Bologna public prosecutor's office last week began an investigation into the possibility of factoring fraud at the failed Italian…
#factoring fraud#financial services#Italian factoring
The aggregate portfolio of the members of the Lithuanian Leasing Association stood at LTL 3.028 billion in April. Since the…
#leasing
Growth in foreign direct investment (FDI) in the Ukrainian economy in the first quarter 2004 amounted to $216.3 million, which…
The Central Union of Chambers (KEE) has said that abusive bank practices have a serious socio-economic impact, mainly through their…