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Westaways set for new growth with confidential invoice discounting...

Devon sausage maker Westaways has secured a new deal with supermarket giant Sainsbury’s after signing a new finance agreement with Lloyds TSB Commercial Finance. Westaways has recently begun using a confidential invoice discounting facility arranged by Nick Walsh, client manager...

Interest rates cut to 50-year low

The Norwegian Central Bank (Norges Bank) reduced the sight deposit rate by 0.5 percentage points to 2.5 per cent effective…


Cabinet approves tax threshold changes

The Cabinet approved plans on Wednesday (17 September) to reduce company profit tax by 2% to 16% and to raise…


Global FDI confidence index shows Poland in 4th place

According to a report from global consulting company A.T. Kearney on the FDI (foreign direct investment) confidence index, the most…

#investment#investments#poland


KMB Bank assigned A1 rating

Interfax Rating Agency, the strategic partner of Moody's in Russia, has assigned a long-term credit rating of A1 (rus) to…

#bank#interest#risk


Sygnet Invoice Finance Limited release financial statement

Sygnet Invoice Finance Limited have released their financial statement for the year ended 31 October 2002. The report shows the…

#invoice


Manufacturers “not out of the woods yet” as orders...

Hopes of a manufacturing pick-up suffered a setback this month as order books weakened, reversing last month's improvement, according to…

#international#Two#WHO


ECGD backs Lagan International Ltd with Ј7 million export...

Belfast-based Lagan International Ltd has won a major contract to expand and upgrade the Maldives’ second largest airport to international…

#bank#exporters#guarantee


Goodman drops export credit insurance lawsuit after 14 years

Larry Goodman has dropped his long running legal action against the State after it refused to compensate him for losses…


NMB-Heller & Grant Thornton in Aquadart MBO deal

Dartford-based business Aquadart has been bought out of Andover-based parent company, Croydex Group Plc, via an invoice discounting and cashflow…

#acquisition#funding#invoice


Commerzbank to commit billions to SMEs

Commerzbank plans to commit billions more euros to Germany's cash-strapped small- and medium-sized enterprises (SMEs), continuing a drive started earlier…


HSBC faces uphill battle on local market

HSBC Bank Polska, the local subsidiary of the world's second-largest banking company, faces a number of tough hurdles in the…

Leasing companies set up credit history register

Seven Czech leasing companies are working on launching their own client register following in the footsteps of five Czech banks…

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