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Europe

Over 30,000 SMEs turn to invoice finance, as factoring...

The FDA has released its 2002 Annual Figures on the factoring and invoice discounting industry showing that the UK market has become a Ј100billion industry, with over 30,000 SMEs now turning to invoice finance as an alternative to more traditional...

Leading Latvian factor stays on top

The leasing and factoring portfolio of Latvia's Hanza Lizings company gained 31 percent last year to 167 million lats, holding…


Scottish commercial banks have strong reasons for optimism

The Scottish banking scene continues to be highly competitive. In recent years, a significant number of overseas banks in particular…


EIB plans to expand long-term funding for SMEs

The European Investment Bank (EIB) plans to develop partnerships with domestic and foreign banks in Greece with a view to…

#bank#banks#funding


Potential Finance move into the black

Potential Finance Ltd’s financial report for the year ended 30 September 2003 shows that the company is beginning to make…

#management#risk#risk management


UK banks favour rescue and rehabilitation over insolvency

According to PricewaterhouseCoopers, mid-market companies have been particularly hit by the rise in company insolvencies in 2002. As a raft…

#financial services#insolvencies#insolvency


GERLING NCM join trade mission to Japan

Sixteen Welsh companies and organisations are in Japan on a weeklong trade mission. visiting Tokyo and Osaka. Major names taking…


Fortis Commercial Finance appoints new head of sales for...

Fortis Commercial Finance Limited (FCF) - part of the international Fortis Group, and a leading invoice finance provider across the…


Griffiths says EU enlargement is massive opportunity for SMEs

Small businesses were today urged to prepare for EU enlargement and take advantage of the biggest single market in the…


Baltic’s leading factor posts 43m euros profit in 2002

Hansa Capital Group's net profit totalled 43.8m euros and financial investments reached 1,172m euros in 2002. Hansapank said the group…

#3M#interest#investments


German business expectations lowest in 10 years

Business expectations in Germany deteriorated to levels last seen 10 years ago, when Europe's largest economy suffered from a severe…


Deutsche Bank eyes up GERLING NCM

Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…

#bank#Deutsche Bank#insurance

Spain plans to boost trade with European Union SME...

Juan Costa, the Spanish trade secretary, announced a plan to develop Spanish commerce and investment in the ten countries that…

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