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Europe

FDA’s Sixth Annual Conference proves a formula for success

Monte Carlo, Europe’s playground for the rich and famous, was the setting for the 6th Annual Factors and Discounters Association’s conference on Wednesday and Thursday last week. More than 300 factors, discounters, asset-based lenders, corporate recovery specialists and consultants attended,...

#bank#conference#international

Unexpected interest rates cut

The Riksbank, Sweden's central bank, surprised financial markets yesterday morning by lowering its key rate for the second time in…


Interest rates: mixed reaction for Bank of England as...

Manufacturers attacked the Bank of England yesterday for holding interest rates at 4 per cent for the 13th successive month…


UK receivables finance subsidiary hit by fraud investigation into...

The first repercussions resulting from this fraud investigation are beginning to emerge. Nick Grainger, managing director of Finance Credit Limited,…


Businesses sceptical about Chancellor’s optimism on future growth

Businesses do not share the chancellor's optimism in a swift revival of growth next year, according to several confidence surveys…

#financial services#interest rate#international


Bibby is voted ‘Best Factor and Invoice Discounter of...

Leading business finance firm, Bibby Financial Services has been awarded the “Best Factor and Invoice Discounter of the Year” award…

#awards#business finance#commercial finance


Siemens Financial Services and Aon Jauch & Hьbener pool...

On Nov. 26, 2002, the EU Commission approved the creation of Industrieschutz Insurance Broker GmbH (IIB) retroactively from Oct. 1,…


Chancellor helps SMEs to obtain credit

Thousands of small businesses will find it easier to obtain bank loans because of changes announced in today's Pre Budget…

#bank#security#small business


Minister announces package to reverse SME decline

Economy Minister Jacek Piechota has announced that a second legislative package will be issued this year to promote small and…


EBRD to finance factoring and leasing operation

The European Bank for Reconstruction and Development (EBRD) and Hansabank will sign a cooperation agreement on financing the operation of…

#bank#leasing


Euro Sales Finance release financial statement for the six...

Euro Sales Finance has released its financial statement for the six-month period ended 31 December 2001. The company recorded a…


Business sentiment eases recession fears

Germany's closely-watched business climate Ifo index fell for a sixth consecutive month in November, confirming the fragility of German economic…

#bank#confirming#German economy

Businesses to book bad debt as cost to cut...

Some 36,000 companies have reported their intention to book bad debts totalling ZL5.7bn as costs in order to reduce their…

#bad debts#Bill#receivables

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