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Europe

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 billion - of the fall in exports during the first five months of the year was due to the ending...

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…


Bank merger may hit the competition buffers

The Norwegian Competition Authority (NCA) has raised the real possibility of preventing a merger between finance giants DnB (Den norske…


Lloyds TSB Commercial Finance is runaway leader in asset-based...

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


Peak in negative corporate warnings has passed, but fears...

Negative corporate warnings have reached their peak, according to figures released today by KPMG Restructuring. UK businesses recorded a total…

#economy#management


Coface interim turnover rises

Coface, the French credit insurance company, has posted an 11.5% hike in consolidated turnover, to Ђ551.5m, for the first half…


Hansa's Lithuanian leasing and factoring arm passes into Hansabankas'...

An agreement between Hansabankas of Lithuania and AS Hansa Capital that came into effect on 18 August 2003 transferred the…

#funding#leasing

Economy slides into recession

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

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