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GE Commercial Finance Ltd funds technology acquisition

GE Commercial Finance Ltd (GECF Ltd), a leading UK provider of business finance solutions, announced today that it has provided funding for a transaction through which Loughborough electronics manufacturer, Datalink Electronics Ltd, successfully acquired Andover-based Quasson from Autocue Ltd in...

The Grand Hotel Parco dei Principi, Rome – update

BCR has spoken to staff at the Grand Hotel Parco dei Principi in Rome, the venue for BCR’s recent international…

#conference#international#international factoring


Medium-sized banks targeting medium-sized companies

Nordea Bank Polska, Raiffeisen Bank Polska, WestLB Bank Polska, and NordLB Polska, among others, all look poised to pursue more…

#bank#banks#Nordea


Better Payment Practice Group updates free credit management guide...

The Better Payment Practice Group (BPPG) has launched a new version of its popular credit management guide and wallchart. The…


IBG NIKoil factoring turnover topped $380m in 2003

Nikoil Financial Corporation president Nikolai Tsvetkov said IBG Nikoil turnover on factoring operations topped $380 million last year. He added…


Bank of England raises rates – business groups urge...

The Bank of England raised its main interest rate today to 4.25 per cent, in line with market expectations. Independent…

#bank#Bank of England#IMF


EUROFACTOR increases pre-tax profitability

EUROFACTOR UK has posted pre-tax profits of Ј1.3 million for 2003 in spite of some of the toughest trading conditions…


ECGD supports Kazakhstan soya bean processing plant deal

A small Yorkshire-based company has won a multi-million dollar contract to supply and commission a soya bean processing plant in…


Euler Hermes Q1 sales fall slightly

Assurances Generales de France credit assurance unit Euler Hermes said sales in the first quarter fell to Ђ466.7m from Ђ469.5m…


NIKoil at forefront of banking consolidation

Consolidation among Russia's biggest banking institutions is starting to take place as bankers realise that organic expansion will not provide…

#acquisition#bank#banks


Fortis opens Fortis Lease Italia in Milan

In June 2003, Fortis Lease Group announced its intention to have a branch of its own in every country in…


Polish small business owners assess future in EU

Now that Poland is part of the European Union, small businesses are worried they could be crowded out by large…

Central Bank increases key interest rates

Cyprus Central Bank Governor announced that the Monetary Policy Committee (MPC) decided to increase the key interest rates by one…

#bank#interest#interest rates

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