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Europe

Why factoring could be about to take off in...

“Factoring in Romania is still at an early stage: the beginnings go back only to 1995 when one of the important Romanian banks started offering ‘two factors business’ targeted at Romanian exporters…” To read this article by Georgeta Luta, Department...

GE Commercial Finance Ltd appoints new regional manager, South...

GE Commercial Finance Ltd. (GECF), a leading UK provider of business finance solutions, today announced the appointment of Anthony Newman…

#ACCA#business finance#commercial finance


Phare to share out EUR 58 million among SMEs

A new EU accession country investment fund (Phare) launched on April 30, is ready to grant EUR 58 million to…


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…


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

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