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Europe

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 in years. Results for the year ending 31 December 2003 show turnover for the UK rose to Ј8.91 million, up...

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


FDI in Bulgaria down by 60 per cent

Foreign direct investments (FDI) in Bulgaria have gone down by nearly 60.5 per cent over the first two months of…

#bank#investments#Two


Credit insurance and factoring in Germany – a report

After a wave of consolidation, only three major sources provide private export credit insurance cover in Germany… To read a…

#export credit insurance#exporters#trade


EU enlargement catches Scottish SMEs unprepared

According to those trying to push the economic benefits of enlargement of the European Union from 15 to 25 member…

#exports#financial services#forum


AMF approves Natexis withdrawal bid for Coface

France's financial markets authority (AMF) has approved French bank Natexis Banques Populaires' public withdrawal offer for French credit insurance group…


Small business finance 'strong', says BoE

According to the eleventh - and final - report on finance for small firms, "there was little evidence of smaller…

#bank#Bank of England#business finance

Union condemns Lloyds TSB closure of Bournemouth asset finance...

The finance union UNIFI described the announcement of 270 job losses within Asset Finance, the finance house arm of Lloyds…

#banks#insurance#Jobs

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