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Europe

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 in the Czech banking sector. The past two years have seen a boom in the SME business. On average, SMEs...

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


Planned merger to leave single financial market overseer

The four bodies currently overseeing the Czech financial market will gradually merge over the coming years, resulting in one institution…


New chairman for SME bank

The French state-controlled bank for SMEs has appointed as chairman, Jean-Pierre Denis, former head of Dalkier, a subsidiary of French…

#bank#management#SME bank


EBRD report upbeat about economy but criticizes bankruptcy laws

The European Bank for Reconstruction and Development (EBRD) has identified flaws in the legal framework for business and the bankruptcy…

#bank#bankruptcy#insolvency


Cattles funds MBO with invoice finance deal

Cattles Invoice Finance has funded the management buy-out (MBO) of Bradford-based Slimline Windows Limited, manufacturers and installers of new pvc…

#invoice#management#trade


Cattles Invoice Finance reports Ј1.7m profit in 2002

Cattles Invoice Finance Group (Cattles IF) has recorded a pre-tax profit of Ј1.78m (Ј1.30m: 2001) and a gross income figure…

#financial services#invoice#management


Survey highlights accountants’ views on invoice finance

When recommending an invoice finance supplier, professional advisors’ top three considerations were, in order of importance: to be part of…

#bank#financial institution#invoice


Central bank hikes intervention rate

Romania’s central bank board has decided to increase by one percentage point to 21.25 per cent its intervention rate in…

Minister re-defines SME turnover limit and hails mooted rise...

Moves to raise the audit threshold for small companies to Ј5.6m have been welcomed by the Secretary of State for…

#economy#small business#smes

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