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Europe

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 by the commercial finance industry at the 2002 Business Finance Awards in London. The awards evening, held on 12th November...

#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


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…


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…

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