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Europe

Basel II rules may starve SMEs of venture capital...

New EU rules for bank capital adequacy - Basel II - could hit Irish small- and medium-sized businesses' (SMEs’) ability to attract venture capital, said chairman of the Irish Venture Capital Association (IVCA) Michael Murphy. Mr Murphy said that Irish...

Survey of bank use by SMEs reveals credit expensive...

The Warsaw Banking Institute (WIB) and the CBM Indicator brokerage undertook a survey of bank use among small- and medium-sized…


NMB-Heller, Grant Thornton team help Webcon UK in unique...

Specialist UK carburettor distributor of the Weber and Solex brands, Webcon has completed a management buy out (MBO) from its…

#business finance#funding#invoice


HSBC voted best small business bank again

Members in Practice of the Chartered Institute of Management Accountants (CIMA) have voted HSBC Bank the ‘Best Small Business Bank’.…


Business investment declines but is expected to rise again

Polish companies' aggregate investment levels continued to decline in the first six months of 2003, dropping 2.2% to PLN 21.8…

#investment#investments#poland


Interest-rate on hold as growth picks up

Poland's rate-setting Monetary Policy Council (RPP) opted on Wednesday (27 August) to keep official borrowing costs on hold for a…


Trade figures massively distorted by termination of VAT “carousel”...

A breakdown of trade figures from the Central Statistics Office (CSO) indicates that up to 40% - or some Ђ3.5…


Late paying businesses risk their reputation

Research conducted by the Better Payment Practice Group (BPPG) reveals that 85% of UK companies believe that late payment is…


Zurich appoints their first London trade credit underwriter

Zurich North America and Zurich London announced that George Bolton has joined the London office as their first trade credit…

#emerging markets#exporters#international


Business lobby group rips into banks’ treatment of SMEs

Small- and medium-sized companies in Ireland are being charged 78pc more interest on loans than similar companies throughout the rest…


Cattles Group reports 30 per cent profits growth in...

Sean Mahon, Chief Executive, reported that the group has achieved excellent results in the first half of 2003, reflecting the…

#bank#funding#invoice


Unicredit Factoring improves profits in 1st half results

UniCredit Factoring, the factoring division of Italian bank UniCredit, closed the first half of 2003 with net profits of Ђ3.5m…

#bank#Unicredit#Unicredit Factoring

Standard & Poor’s: new French law could boost securitisation...

A new French law could provide the basis for growth in French securitisation volumes, according to a report published today…

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