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Europe

Proposed SME funding scheme comes under EU scrutiny

The UK’s proposed funding mechanism to improve capital funding for SMEs, to be called the Enterprise Capital Funds scheme, could be ruled out of court by the European Commission, which has announced that it is to investigate the plans under...

Small business sector liquidity remains strong

Data on banks lending to and deposit taking from small businesses for 2003 showed a healthy picture in the sector,…


Laiki Factoring says turnover up in Q1

Laiki Factoring, a subsidiary of Laiki Bank (Hellas) SA, has said its turnover in the first four months of 2004…


Insolvencies in the first quarter 2004

Statistics showing insolvencies in the first quarter 2004 were published today by the Department of Trade and Industry (DTI). COMPANY…

#insolvencies#trade


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…


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

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