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Europe

National Bank raises base rate by 3%

The National Bank of Hungary (MNB) raised the base rate, which is equal to the key two-week depo rate, by 300 basis points from 9.5% to 12.5% on Friday morning. The base rate has not been this high since the...

Banks and government hammering out cooperation on EU project...

Government representatives announced last week that intense negotiations were under way with all the major Czech banks to provide low-cost…

#banks#Clear#funding


Leasing activities boost leading bank’s nine-month bottom lines

Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released…

#bank#banks#Boost


Alex Lawrie Factors incentive helps fledgling businesses take flight

Alex Lawrie Factors, part of the Lloyds TSB Group, has joined forces with Lloyds TSB Business to help new businesses…


Small firms show signs of confidence in the future

Confidence about the economic outlook for small- and medium-sized business (SMEs) is returning, a new survey commissioned by mobile phone…


Experian says Scotland’s economy exceeds expectations

Scotland's economy grew at double the rate originally thought between 2000 and 2002, according to latest estimates from Experian®. These…


How to avoid a Christmas cashflow crisis

With many UK firms closing down for at least a week during the Christmas season, Lloyds TSB Commercial Finance is…


Davenham launches ‘4 Dimensional Finance’

Davenham Group, pioneers of structured lending to the SME sector, have today announced the nationwide launch of 4 Dimensional Finance…


Prague forum on financing SMEs in December

After years of focusing on less profitable corporate clientele, small- and medium sized enterprises (SMEs) are now all the rage…


Securitisation – status and prospects

To date, it appears that no securitisation of receivables, whether domestic or cross-border, has been accomplished in Russia due to…


UK factoring software business bought by Canadian firm

It has just been announced that UK software and recruitment company Highams Systems Services has sold its Business Solutions (HBS)…

#Paid#trade#trade finance technology


Sites for start-ups

By Guy Clapperton Starting a new company, it's easy to imagine there's nobody there to help. Come to think of…

Canada and Hungary sign agreement to cooperate on exports

Deputy chairman in charge of international markets at Export Development Canada (EDC) Henri Souquieres, head of the Central Europe department…

#exports#international#management

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