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Sean Mahon, Chief Executive, reported that the group has achieved excellent results in the first half of 2003, reflecting the benefits of continuing volume growth and improving returns. He said, “We have continued to develop our distribution channels whilst maintaining...
#bank#funding#invoice
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
A new French law could provide the basis for growth in French securitisation volumes, according to a report published today…
The Norwegian Competition Authority (NCA) has raised the real possibility of preventing a merger between finance giants DnB (Den norske…
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