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Europe

Foreign investments jumped 50% in 2003

Foreign inflows soared 50 per cent from 2002 as Russia attracted a record US$29.7 billion last year. Foreign loans led the gains with US$22.2 billion of the total US$29.7 billion according to the State Statistics Committee. Foreign direct investment (FDI)...

ABS Global Factoring considers stock market flotation

ABS Global Factoring, the German factoring company, says that it is considering a flotation on the stock market. The company…

#global factoring#interest


Memorable move by Lloyds TSB Commercial Finance

Lloyds TSB Commercial Finance today unveils its plans to unite its asset-based lending (ABL) brands together under the Commercial Finance…

#cash-flow#commercial finance#Funding Options


Cattles Invoice Finance funds Plastic Pallets contract

Tamworth-based Plastic Pallets has secured a Ј1.8 million contract with the Grampian Country Food Group following a funding partnership with…

#funding#invoice#Jobs


Bank Millenium sign purchase agreement

The management board of Warsaw-based Forin Sp. z o.o. has announced that following the signing of an agreement on 6…


Asociacion Espanola de factoring reports factoring volume up 18%...

Asociacion Espanola de factoring (AEF), the Spanish factoring association, has released figures for 2003 showing a factored total of Ђ37.49…

#AEF#BBVA#Caixa


Lib Dems say name and shame persistent late payers

Big firms that persistently make late payments to suppliers should be named and shamed on a register, according to a…

#late payment#payment practices#small businesses


Versailles receivers search for Ј10m

Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…

#bank#banks#WHO


Culture of late payment shows no signs of abating

More than five years after the government brought in legislation to curb late payment, the average payment period of companies…

#financial services#insolvency#invoice


New initiative from EUROFACTOR plugs gap in market

EUROFACTOR, the business finance experts, have launched a new initiative aimed at encouraging small and young businesses to 'take control…


Coface UK launches 'at-a-glance' online company rating system

Coface UK, a branch of one of the world's leading credit solutions companies, is providing an online company rating system…

#economic recovery#insolvency#management


Former Versailles director 'drained account'

Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…

#bank#trade#WHO

SME factories see a bright future – CBI

The Confederation of British Industry (CBI) survey shows that orders are rising for the first time in three years, while…

#economic recovery#Jobs#smes

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