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Europe

Decline in New Business Start-Ups

83,570 new businesses were started in England and Wales during the second quarter of 2001 – 16% down on this time last year, according to Barclays. This is the lowest figure recorded since the equivalent quarter in 1992 (76,760). 101,180...

Davenham to Seek London Listing

Davenham Group plc, the niche provider of asset-based specialised finance solutions to the UK small and medium-sized enterprise (SME) market,…

#bank#management#smes


Irwin Unveils Pilot to Offer Troubled Small Businesses a...

Head of the Small Business Service David Irwin today unveiled a pioneering scheme aimed at giving small business suffering from…


DTI Grants RBS/EFS Merger Clearance

The Secretary of State for Trade and Industry has decided on the information at present before her, and in accordance…

#acquisition#bank#BCR Publishing


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…

#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…

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