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Latest FDA figures show strong domestic and export factoring...

Figures released today by the Factors & Discounters Association (FDA) demonstrate a significant increase in UK businesses using asset-based finance for export... The Factors & Discounters Association (FDA) has released its latest figures showing UK businesses are not only turning...

Royal Bank of Scotland Completes Euro Sales Purchase

The Royal Bank of Scotland has completed the Ј68 million purchase of Euro Sales Finance. The Bank had already declared…


Davenham Trade Finance Shines in Solid Davenham Group Results

The annual accounts for Davenham Trade Finance Ltd, the factoring and invoice discounting arm of the Manchester-based Davenham Group plc,…


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…


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

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