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Europe

National bank criticised for cutting interest rates

Head of Norway's national bank, Svein Gjedrem, is criticised after another severe cut in interest rates on Wednesday, 13 August 2003. “Too aggressive”, says Professor Шystein Thшgersen. Mr. Шystein Thшgersen is Associate Professor at the Norwegian School of Economics and...

#bank#inflation#interest

New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…

#Paid#smes#WHO


Forced administration on Union pojistovna insurer, Prague

The Finance Ministry imposed forced administration on the Union pojistovna (UP) insurer in order to protect clients' interests. Union pojistovna,…


Small firms told to face the factoring facts

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 report profits up 59% in 2002,...

City Invoice Finance has reported a pre-tax profit of Ј479,835 for the year to 31 December 2002, an increase of…


SME Invoice Finance launches new website for SMEs and...

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


Eurofactor UK named Top Import Factor in IFG poll

Members of the International Factors Group (IFG) have voted Eurofactor UK Limited number one Import Factor for customer service. Jan…

#conference#international#management


Non-reimbursable loans for SMEs in the second phase of...

The second appeal for recommendations of projects within the non-reimbursable financing plan for small- and medium-size enterprises (SMEs) was launched…

#European Commission#Jobs#smes


Export trade drops with countries outside EU

Exporters suffered another drop in trade with countries outside the EU in June, according to figures released yesterday by the…

#exporters#exports#international


Corporation tax overhaul would damage cashflows says ACCA

Proposals for the long-awaited revamp of the UK's corporation tax system would lead to cashflow problems for businesses, says ACCA…


HM Customs help businesses in the fight against VAT...

Customs have today published new guidance to help honest businesses from being caught up in VAT fraud in the computer,…


CBI in plea over export credit

The Confederation of British Industry (CBI) will today urge the government to give UK businesses the same level of help…

Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…

#3M#interest rates#receivables

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