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Europe

CIT sets up Dublin European hub

CIT Group, the US-based commercial and consumer credit finance firm, announced yesterday that it is to centralise its European operations in Dublin. The firm said it had recruited 250 staff at its new facility in Blackrock and would recruit a...

#CIT#small business

Survey prompts call for urgent review of late payment...

Legislation brought in last year has made little impact on the UK's chronic problem of late payment, a survey by…


Slovakia to introduces tax reforms in 2004

From January 2004 the corporate tax will decrease to 19%. Currently, employees and self-employed pay progressive taxes between 10% and…

#Bill#GDP#VAT


Community Habitat Finance Romania a competitor for local SMEs...

Community Habitat Finance (CHF), the Romanian branch of Community Habitat Finance International - a nonprofit American organisation, launched a finance…


Prevention and defence of money laundering cases in Italy

The focus of Italy's legislative efforts against money laundering has been on organised crime and the banking industry, although the…

#anti-money laundering


Sharp rise in number of small business failures

The number of small businesses going bankrupt is set to hit the highest level in a decade, the Conservative party…

#bank#Bank of England#regulation


FDA conference programme published

Detailed conference programmes and conference guidance notes have now been issued to all those who have registered for the FDA…

#conference#WHO


New name for London Scottish Bank factoring division

London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will…

#bank#factoring industry#financial services


Financing the Mittelstand

Though starved of bank loans, German companies are reluctant to tap alternative sources of capital More than 3,000 German companies…

#bank#Commerzbank#financial services


EBRD to allocate US$10 m for agribusiness to Ukraine...

The EBRD has confirmed the participation of Kyiv-based Ukrsotsbank in a funding program for agro- traders and producers with grain…


Poland entices banks to finance EU programmes for SMEs

Poland has lured the nation's banks to finance pre-payments on EU programmes in return for a series of key legal…

#bank#banks#guarantees


Foreign investments grew to US$202 million in Q1

Foreign direct investments (FDI) in Bulgaria over the first three months of 2003 mounted to some $US 202 million, as…

#exports#investments

OB Heller Factoring and CSOB Leasing report Q3 results

OB Heller Factoring of the financial group CSOB achieved a turnover of Skk3,917 billion for the first nine months of…

#bank#KBC#leasing

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