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Europe

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 the Small Business Credit Bank (KMB-Bank). The agency has also assigned a short-term rating of RUS-1 to KMB The rating...

#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…


Tax reforms to reduce VAT in 2004, foreign investment...

Prime Minister Mikhail Kasyanov said that the government was "pressing on with tax reforms," recalling that from 2004 VAT would…


FDA Q2 statistics show record turnover as invoice finance...

The popularity of factoring and invoice discounting as a financing option has continued to grow as industry turnover hit record…

#exporters#international#invoice


Lloyds TSB provides invoice discounting and stock facility for...

Professionals from three of Bristol’s leading firms have helped secure a management buy-out (MBO) at leading wetsuit company, Gul International.…

#commercial finance#emerging markets#international

SME credit threshold rise diminishes trade credit data

In July the Department of Trade and Industry (DTI) announced new proposals to raise medium-sized company thresholds to the EU…

#management#security#smes

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