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Europe

Small businesses and the brick wall of accounts department...

From Mr Morgen Witzel Sir, Your article "Companies resort to hard line on late payers" (21 January) on late payment by big businesses to small companies is a timely reminder of this ongoing problem. While many small companies do indeed...

Government adopts programme to fight money laundering

The Ukrainian government and the National Bank have endorsed a programme for 2004 on fighting the legalisation of income obtained…

#bank#guarantee#international


Bibby Factors Bedford appoints new business finance executive

Bibby Factors Bedford, the leading provider of business cashflow solutions, is pleased to announce the appointment of Chris Hardy as…

#business finance#financial services


SME new appointments to bolster growth in 2004

SME Invoice Finance has announced the appointment of Simon Walker as development director. Working closely with a well-established team, he…


SMEs still at the mercy of late payers

Small businesses in the UK are still experiencing money problems because of late paying customers, despite new legislation to stem…


Small business to get loans worth US$1bn

Vneshtorgbank will lend small- and medium-sized businesses (SMEs) US$1bn this year, said bank head Andrey Kostin after a meeting with…

#bank#interest rates#small business


Business failures at their lowest for two years

Business failures have fallen to their lowest level in two years, as business-to-business activity is set to overtake consumer spending…


Moody's – stable outlook for Intermarket Bank AG

Moody's has assigned A3 long-term and P-2 short-term deposit ratings and a C Financial Strength Rating to Intermarket Bank AG…


'False promises' made at Versailles

Carl Cushnie, the founder of collapsed trade finance provider Versailles Group, threw a Christmas party five years ago for the…


An interview with Mr. Miroslav Bernat, CEO of VUB...

VUB Bank – a member of Gruppo Banca Intesa – through its subsidiary VUB Factoring, has been providing its clients…

#bank#cash-flow#debt collection


Versailles Group director will testify for prosecution

The former finance director of Versailles Group will testify as a prosecution witness in the trial of Carl Cushnie, owner…


Northern Ireland – Business activity and new order growth...

According to the December Ulster Bank PMI® survey of the Northern Ireland private sector economy for the month of December,…

Business left baffled by new EU invoicing regulations

Business has been thrown into confusion following the launch of new European Union regulations that came into force on 1…

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