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Europe

Lithuania's leasing portfolio may grow by 30 per cent...

In the past four years, Lithuania's leasing market has expanded at a rate of about 50 - 60 per cent annually, the national Leasing Association said. In 2003, leasing sales soared by 34.3 per cent, while the leasing portfolio increased...

#banks#leasing#Nord/LB

Versailles chief faces fraud charge for villa loan

Peter Williams, the former chairman of paper and packaging group DS Smith, lent Ј600,000 to Carl Cushnie, chairman of collapsed…

#banks#trade#WHO


The future’s bright for franchising

The future is looking decidedly rosy for the franchising industry according to the latest survey of potential franchisees and franchisors…

#cash-flow#financial services#management


Factoring and the hidden Winding Up Petition

by Peter Sinnett, In-house Counsel, Bermans, Lawyers Bermans was recently involved in a difficult and unusual High Court application for…

#assignment#bank#insolvency


Factoring and leasing portfolio up 16.6 per cent in...

The factoring and leasing portfolio of the members of the Latvian Lessors’ association grew 16.6 per cent, to LVL332 million…

#banks#leasing#Nordea


Slovak Eximbank supported exports worth SKK 55 billion in...

Slovak Eximbank supported Slovak exports worth over SKK55 billion (Ђ1.36bn) in 2003. According to preliminary data, one third of supported…


FATF drops Ukraine from money laundering black list

The Financial Action Task Force on Money Laundering (FATF) has omitted Ukraine from its black list of non-cooperative countries. Full-scale…


The government's tax on dividends could cost SME owners...

PKF is warning owners of small companies who take most of their income as dividends that the tax increases the…


SME opinion split on enlarged EU

In just under three months, the 15 existing EU members will be joined by a further 10 states, drawn mainly…


New business development manager for Venture Finance

Venture Finance, the invoice and asset based financier, today announces the appointment of Mark Humphreys as regional manager for the…

#bank#commercial finance#invoice


Reforms of the taxation of asset finance would hit...

The Finance & Leasing Association (FLA) has published a report that highlights the economic impact of the government’s corporation tax…

#bank#funding#management


Top tips for SMEs considering a MBO – Fortis...

Recent surveys have shown the economic outlook for 2004 is looking up. Certainly, the management buy-out (MBO) mid-market has been…

Commerzbank set to buy rival

Commerzbank will today announce it is buying Bavaria's loss-making SchmidtBank for between Ђ60m (US$75m) and Ђ70m, providing a glimmer of…

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