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Europe

Survey finds British businesses still favour overdraft to fund

When it comes to funding the growth of their business, nearly three quarters (72 per cent) of British businesses turn to their overdraft, according to a survey conducted by business and financial advisers, Grant Thornton. The survey, conducted by Experian...

First half profit of SKK8.9 million for OB Heller...

The Slovak arm of the Czech bank CSOB showed a profit of SKK122 million in the first six months of…

#bank#leasing


Report claims recent late payment legislation is largely unenforceable...

An article by Graeme Forbes, head of corporate finance at Grant Thornton The business outlook for small- and medium-size enterprises…

#bank#Bank of England#invoice


New name for Mediofactoring

Mediofactoring, Italy’s largest factoring company, has changed its name to Intesa Mediofactoring spa. The new style will bring more uniformity…


Quarter 2 company insolvency figures released

Statistics showing insolvencies in the second quarter 2003 are published today (1 August) by the Department of Trade and Industry.…


Lloyds TSB reports increased profits in factoring and commercial...

Lloyds TSB Group’s Wholesale Markets sector, which includes Lloyds TSB Commercial Finance and Alex Lawrie Factors, has reported a pre-tax…


Economy fear grips SMEs

Twice-yearly research by the Small Business Research Trust and Natwest bank shows that red tape is no longer small firms'…

#bank#international#International Trade


Independent Growth Finance expands further in the West Midlands

Independent Growth Finance (IGF) continues to grow its team in the Midlands with the appointment of Mike Bailey as regional…

#bank#IGF#insolvency


SME confidence plunges in July – Top-100 latest report

Small- and medium-size enterprise (SME) confidence was down on the month according to the latest business confidence report of research…


Banca Comerciala Romana named Best Romanian Bank 2002

The Romanian Commercial Bank (BCR) has been named "Best Romanian Bank" for 2002, by UK financial magazine Euromoney. The bank…

#bank


Institute predicts economy will shrink this year – small...

RWI, the German economic research institute, forecasts that Germany's economy will shrink by 0.2 per cent this year, but predicts…

#economy#German economy#investments


Italian Industry Ministry to launch fund for SMEs investing...

"Promoting industrial districts on foreign markets is a way to internationalise and give new momentum to the Italian economy," said…

UK depends on global economic upturn as British economy...

Discussing the results from the Q2 2003 Quarterly Economic Survey, the director general of the British Chambers of Commerce (BCC),…

#bank#Bank of England#Boost

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