European businesses have ambitious growth plans but risk missing out on new international opportunities unless they restructure their finances, according to a new report issued today from HSBC and PwC.
Bibby Financial Services has today announced an 84% growth in pre-tax profits to £34.3 million, following a 25% growth in new business year-on-year in 2010.
Demica shares its latest qualitative research report on trade receivables securitisation with Factorscan. Based on research conducted by Demica earlier this year, the report gives an insight into the position and growth potential of trade receivables securitisation as seen by Europe s top 40 banks.
The total turnover for the factoring and commercial finance industry in 2010 in the EU was 986 Billion EUR representing an increase of over 17% when compared to the 2009 figures.
Simon Peterman, Chairman of the Central and East European Chapter of IFG, talks to Factorscan about the post-recession environment in Eastern Europe and explains how the Chapter plans to facilitate stable growth for the future.
