Europe

International Factors Group (IFG) today announced the addition of two new members in Europe.

The EBRD has signed investments worth a total of 215 million with Société Générale subsidiaries across four eastern European countries to support SMEs in the region.

John Gielen, the Independent Chairman of the EU Federation (EUF) and John Brehcist, EUF Co-ordinator, talk to Factorscan about the role of the EUF in promoting the offering in Brussels, the opportunities presented to the industry by the downturn and the level of coverage that the EUF enjoys within Europe s factoring community.

The latest research from Demica has found that access to sufficient levels of working capital continues to be a concern for financial directors in Europe in 2010

The European Investment Bank (EIB) has recently provided four loans amounting to

Many commentators are talking about the potential for a double-dip recession, particularly in Europe, and after attending Coface s recent conference in Manchester, it seems that their concerns have foundation. The day s presentations painted a grim picture for a host of European economies Greece, Iceland, Ireland, Spain and the UK among them and it seems that a further downturn represents a definite, looming threat.

Receivables-based finance is gaining popularity in Europe, with more companies exploring products such as

HPD Software has launched its latest global commercial finance software, Gemini. The new software

Christoph Reimnitz, Head of Business Development Europe for GE Capital, talks to Factorscan about the financier s recent acquisition of RBS German factoring portfolio, their joint venture with Commerzbank in Germany and GE Capital s decision to focus its attentions upon possible acquisitions in western Europe.

Serbian financial publisher Ekonom:east Media Group has announced that its Second Annual Summit, Southeastern European Central Bankers and Ministers of Finance, will take place on 4 th June this year at the Hotel Splendid in Becici, Montenegro. Following last year s Regional Central Bankers Summit, this year s conference will also include Ministers of Finance from across the region, including officials from Macedonia, Montenegro, Serbia, Bosnia and Herzegovina, Republika Srpska and Albania. Rep