The European Investment Bank (EIB), the European Union s long-term lending institution, will provide €250 million for investments undertaken by SMEs in the Netherlands and Belgium.
The European Commission has submitted a proposal to implement a new regime to freeze both pre and post-judgment bank accounts in Europe.
Crédit Agricole Leasing & Factoring (CAL&F) has received a €150 million line of credit from the Council of Europe Development Bank (CEB) in support of projects initiated by local authorities.
Seventy five per cent of top European banks still believe growth prospects for Supply Chain Finance (SCF) to remain strong or very strong , according to Demica s latest research report on the Supply Chain Finance market conducted amongst the top 40 European banks.
German-based ABS Global Factoring AG has acquired 66.6 per cent of SME Factoring AG.
The European Commission has requested France and Luxembourg to reduce administrative burdens on SMEs.
Policies to support SMEs should be at the heart of the EU's economic recovery plan, according to the Small Firms Association (SFA).
Germany's Deutsche Bank has teamed up with SEB of Sweden to establish a supply chain finance (SCF) programme for mutual customer Electrolux.
SME Envoys from countries all across the European Union have met in Brussels to shape a strategy aimed at freeing the growth potential and competitiveness of SMEs.
