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Asociacion Espanola de factoring (AEF), the Spanish factoring association, has released figures for 2003 showing a factored total of Ђ37.49 million, an increase of 18.22% compared to Ђ31.71 million for 2002. Of the total, domestic factoring totalled Ђ36.44 million, up17.55%...
#AEF#BBVA#Caixa
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
Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…
#bank#banks#WHO
More than five years after the government brought in legislation to curb late payment, the average payment period of companies…
#financial services#insolvency#invoice
EUROFACTOR, the business finance experts, have launched a new initiative aimed at encouraging small and young businesses to 'take control…
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
Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…
#bank#trade#WHO
The Confederation of British Industry (CBI) survey shows that orders are rising for the first time in three years, while…
#economic recovery#Jobs#smes
Hungary attracted Ђ1.494 billion in foreign direct investment (FDI) in 2003, according to preliminary figures released by central bank (MNB).…
#bank#economy#exports
Latvijas Unibanka achieved a profit of LVL 13.309 million in 2003, down 2 per cent from 2002 when it reached…
Lithuania's Hansabankas earned a net profit of LTL 61 million last year, up 21.6 per cent from LTL 50.1 million…
The European Commission in a report last year criticised Central and Eastern European countries for the state of the small-…
Fortis Commercial Finance has announced the arrival of Evette Martirossian into its Client Relationship Team. Evette joins as client relationship…
#bank#commercial finance#insurance