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Europe

Fortis Aim for Profit in 2001 as they launch...

The annual accounts for Fortis Commercial Finance Limited, the factoring company formed in July 2000 by integrating FMN Financial with the Fortis Bank Invoice Discounting division of Fortis Bank UK, have been released for the year ended December 31, 2000....

#bank#commercial finance#International Trade

FS-Banken and SEB Merger Thwarted by EU

The planned merger between SEB and FцreningsSparbanken, two of Sweden’s largest banks, has become unviable as a result of concessions…


Demirbank Bulgaria Bought by Turkish Consortium

Demirbank Bulgaria has been bought by a Turkish consortium consisting of the former owner of the bankrupt Turkish bank, Halit…


Unicredito Italiano Acquires Majority Stake in Demirbank Romania

A 62.5% stake in Demirbank Romania, the company which, according to figures submitted to Factors Chain International for the year…


Euro Fails to Penetrate the UK

"There is some anecdotal evidence that use of the euro is increasing a little," says Leslie Gunde, associate director at…

#economy#exporters#invoice


HBOS Plans to Target Small Business Market

HBOS, the bank formed by the merger of Halifax and Bank of Scotland, is to recruit hundreds of staff in…

#bank#Deutsche Bank#NatWest


Aston Rothbury on Course for Projected 100% Profit Increase...

Managing Director, Ian Clark, discusses company performance and future plans The Brentwood-based company Aston Rothbury Factors Limited has recorded turnover…

#BCR Publishing#business finance#Produce


Silverburn Finance UK Ltd Release Abbreviated Annual Accounts

Silverburn Finance UK Ltd have released an abbreviated set of accounts for the year ended 31 January 2001. The results…


Euler’s Factoring Income Increases More than Six-Fold in H1...

The Paris-based credit insurer and international financial services group, Euler, has recorded a dramatic acceleration of the amount of its…


UK Small Businesses are Good Credit Managers

Research carried out by the Credit Management Research Centre (CMRC) has revealed that credit management techniques practiced by small businesses…


Small Business Confidence Brushes Aside Recession Fears

More than one in three small business owners (35%) plan to expand their business in the next three months, more…


Griffiths Announces Ј14.5 Million to Support Budding Entrepreneurs in...

Small Business Minister Nigel Griffiths today gave the green light to Ј14.5 million in grants to 46 new projects which…

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