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Europe

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 be merged into one combined company, London Scottish Invoice Finance Ltd., with immediate effect. Both Sygnet and Isis were acquired...

#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


Restructuring plan for Banca Comerciala Romana

The European Bank for Reconstruction and Development (EBRD) board has approved the memorandum of understanding (MOU) on the joint takeover…


Things light up for Norwegian industry

The record low interest rate has not, until now, provided Norwegian industry with any really big pay offs, but all…


Industry expectation is on the rise

The National Statistics Office reports that the short-term outlook for Danish manufacturing was less sour in October. The agency’s monthly…


Mixed economic reviews

According to industry data presented Thursday (30 October), in October a poor production outlook for Finnish firms drove industry confidence…

#international


The Royal Bank Of Scotland Commercial Services appoints business...

The Royal Bank of Scotland Commercial Services (RBSCS), the invoice finance arm of The Royal Bank of Scotland, has announced…


Barclays confirms a review of its Hastings factoring operation

Barclays confirmed yesterday that it has begun a review of its Hastings-based factoring operation, which employs 350 people. It said…

#Jobs#trade#WHO

Corporate tax to decrease revised to 20% in 2005

The Finance Ministry of Bulgaria has revised its plans to set corporate profit tax at 15% starting from 2005 and…

#GDP

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