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Europe

FDI growth slows in 2003

Foreign direct investment (FDI) in Lithuania rose 3% in 2003 to 13.6 billion litai (LTL), according to the Lithuanian Statistics Department. FDI was LTL 13.18 billion in 2002. Foreign investment per capita rose 3.1 per cent to LTL 3,927. The...

#investment

Commerzbank discusses cooperation on SME banking

Commerzbank is considering kicking off the long-awaited consolidation of the German banking market with an acquisition of regional bank Schmidtbank.…


Think tank report asks why Revenue targets small firms

The latest quarterly report from the Tenon Forum, an independent think tank made up of leading entrepreneurs from the UK's…

#economic recovery#forum#smes


Metro Cash – The cash flow stress buster

For the 4 million people running their own small business in Britain, one of the biggest causes of stress is…


Norges Bank reduces interest rates

Norway's central bank cut its key interest rate yesterday by 25 basis points to a new record low 2.0 per…

#bank#economy#inflation


Debt knell for Ceska Konsolidacni Agentura

Bohuslav Sobotka, the finance minister, says that the cabinet has approved the ministry’s proposal to wind up the state-owned debt-factoring…


Versailles witness admits lying to firm's banks

Fred Clough arrived at Southwark crown court yesterday to give evidence against his former Versailles boss, Carl Cushnie Fred Clough,…


Hansabankas appoints CEO of Hanza Lizingas

Andrius Urbonas, formerly the factoring director of Hanza Lizingas, a subsidiary of Hansabankas, is appointed as CEO of Hanza Lizingas.…


New appointments at Bibby Factors Northeast and Yorkshire

Bibby Factors Northeast is pleased to announce today the appointment of Terry Brown as head of sales. In his new…

#cash-flow#financial services#i


New sales and marketing director for Bibby Factors Slough

Bibby Factors based in Slough and Bristol, a specialist provider of business cashflow solutions, has today appointed Julie Ashmore as…


Cattles IF backs Hull security start up

Hull entrepreneur Garry Ireland has set up a specialist security services firm, Humber Security Services, with funding from Cattles Invoice…

#funding#invoice#Jobs


Upturn in UK economy reopens North-South divide

The steady acceleration in the UK economy, which began in the spring of last year, is beginning to have an…

Polish factoring turnover rises in 2003, more expected in...

Turnover in Poland's budding factoring market grew almost 18% to Zloty 12bn in 2003, said officials at the industry's Factoring…

#bank#conference#exports

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