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Europe

Call for tougher export credit agency guidelines

Environmental pressure groups will meet officials from the Organisation for Economic Co-operation and Development today as they launch a campaign for tough social and environmental guidelines to be imposed on European export credit agencies. The non-governmental organisations (NGOs) argue that...

Factoring and leasing flourishes in Latvia

The aggregate leasing and factoring portfolio of members of the Latvian Leasing Provider Association (LLPA) reached 259.5 million lats in…


Norwegian receivables finance company hit by allegations of massive...

The owners of Finance Credit Norge ASA, Trond G. Kristofferson ceo and Torgeir Stensrud chairman, have been remanded in custody…


Credit Cooperatif in deal over its factoring and venture...

French bank Credit Cooperatif has acquired a 2 per cent stake in the capital of the national bank that heads…

#bank


SMEs slow to implement better payment practices

Latest research from the Credit Management Research Centre (CMRC) at Leeds University Business School, and member of the Better Payment…


Factor 21 plc enjoys successful first financial year

Factor 21 plc has released its financial statement for the year ended 30 June 2002. The company, formed on 1…


Smaller firms still in grip of trade gloom

THE UK recovery suffered a setback today after a survey showed how small and medium-sized manufacturers were continuing to suffer…

#smes#trade


Economy Ministry at work on more radical package for...

The Economy Ministry is preparing to launch a new program of initiatives designed to support small and medium sized enterprises…

#economy#GDP#poland


Polish factor seeks strategic investor

In November, the Eurofaktor factoring company will increase its capital to ZL30m, with new stock to be taken over by…


JMH Financial Services Group acquires Demica Plc

It has been announced that the JMH Financial Services Group has made a recommended offer to acquire Demica plc. This…

#acquisition#financial services#international


SME manufacturers facing “torrid times”

According to a new survey by the Confederation of British Industry (CBI), small and medium sized manufacturers have seen orders…


FDA statistics for quarter ended September 2002 show decrease...

The FDA has released its third quarter statistics. The figures show that export factoring and invoice discounting services have decreased…

#credit protection#invoice#management

GE Capital Commercial Finance Records Increase in Turnover and...

GE Capital Commercial Finance Ltd has released its financial statement for the year ended 31 December 2001. The company reported…

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