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The Norwegian Competition Authority (NCA) has raised the real possibility of preventing a merger between finance giants DnB (Den norske Bank) and Gjensidige NOR. The potential partners disagree, foreseeing continuing competition in the market and advantages for customers. The NCA...
Lloyds TSB Commercial Finance (LTSBCF) has confirmed its position as the leader in the UK's booming asset-based funding market, following…
#bank#business finance#commercial finance
Negative corporate warnings have reached their peak, according to figures released today by KPMG Restructuring. UK businesses recorded a total…
#economy#management
Coface, the French credit insurance company, has posted an 11.5% hike in consolidated turnover, to Ђ551.5m, for the first half…
An agreement between Hansabankas of Lithuania and AS Hansa Capital that came into effect on 18 August 2003 transferred the…
#funding#leasing
Germany's economy shrank by 0.1 per cent in the second quarter compared to the quarter before, the state statistical agency…
#confirming#economy#Jobs
Head of Norway's national bank, Svein Gjedrem, is criticised after another severe cut in interest rates on Wednesday, 13 August…
#bank#inflation#interest
The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…
#Paid#smes#WHO
The Finance Ministry imposed forced administration on the Union pojistovna (UP) insurer in order to protect clients' interests. Union pojistovna,…
Many small firms still view factoring or discounting with “unwarranted” suspicion, says John Twigg, chief executive of small business advisor,…
#bank#interest#small business
City Invoice Finance has reported a pre-tax profit of Ј479,835 for the year to 31 December 2002, an increase of…
Dedicated to meeting the cash flow needs of small- and medium-sized enterprises (SMEs), SME Invoice Finance (SMEIF) has announced the…
#banks#cash-flow#invoice
Members of the International Factors Group (IFG) have voted Eurofactor UK Limited number one Import Factor for customer service. Jan…
#conference#international#management