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Europe

Merger of Bank Zachodni and WBK Announced

Two of Poland’s major banks with factoring divisions, Bank Zachodni SA and WBK (Wielkopolski Bank Kredytowy SA) have today announced that they will merge to form a new bank. Both banks are majority owned by AIB (Allied Irish Banks). AIB...

COMFEX: FDA Chairman Outlines What’s in Store for the...

The Commercial Finance Show opened at the Barbican in London yesterday with a report by Mr David Marsden chairman of…


FDA Half Yearly Figures Show 26% Increase in Funding

The FDA has today published its review of the first half of 2000. The results published in the review are…


FMN Financial Limited’s Annual Accounts released

The accounts of FMN Financial Limited (which merged with Fortis Bank Commercial Finance to become Fortis Commercial Finance in July…

#bank#commercial finance


Euro Sales Finance strengthens its German management team

Euro Sales Finance plc, the pan-European provider of sales finance solutions, today announced the appointment of Gerd Georg as director…

#i#management


Byers: “A new economic policy for the new economy.”

Trade and Industry secretary, Stephen Byers, has today announced plans to establish new manufacturing centres of excellence in an effort…

#e-commerce#small business#smes


Alex Lawrie Into Scotland

Following the coming together of Alex Lawrie Factors and Lloyds TSB Commercial Finance in January, factoring specialist Alex Lawrie is…

#capital requirements#commercial finance#invoice


Fortis Launches New Client Service Charter

Fortis Commercial Finance today unveiled an innovative Client Service Charter aimed at setting new standards of customer care for SME's…


Citibank Completes Acquisition of Bank Handlowy w Warszawie

It was announced yesterday that Citibank Poland, which already owns 87.9% of Bank Handlowy w Warszawie, will be buying up…


Forenede Factors Bought By NCM Holding NV

One of Denmark’s factoring industry leaders, Forenede Factors, has been bought from Den Danske Bank by the Netherlands company, NCM…


Northern Bank PLC Absorbs Northern Bank Factors

As of 1 October 2000, Northern Bank Factors Ltd will cease trading as a limited company and its factoring operation…


Alex Lawrie Factors And Lloyds TSB Commercial Finance Combine...

Factoring specialist Alex Lawrie and leading invoice discounting provider, Lloyds TSB Commercial Finance, are embarking on a new integrated business…

UPS Capital to Establish New European Factoring Network

UPS Capital, part of the UPS Logistics Group, is to set up a European factoring network which should be operational…

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