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Survey reveals SME lending still restricted

An ISME Bank Watch Survey shows that banks are continuing to restrict lending to the Irish SME sector (more…)

Cyprus and EIF sign agreement on SMEs funding

The Republic of Cyprus and the European Investment Fund have signed an agreement to support SMEs in Cyprus (more…)


CIT announces results from annual meeting

CIT Group Inc., a leading provider of factoring services and funding to SMEs, today announced the results from its annual…

#bank#CIT#management


FSB calls for better redistribution of EIB funds

Regional governments are best placed to channel the billions of euros of European Investment Bank funding earmarked for SMEs, according…

#bank#international#smes


Invoice finance provider in major acquisition deal

Close Invoice Finance has today announced that it has acquired the factoring business of Ireland's longest running invoice finance company…


An independent in the downturn

David Coates, CEO of Davenham talks to Factorscan about how Davenham is faring in the downturn; how price differentiation has…


EIB launches Serbia financial aid deal

The European Investment Bank has launched a programme for 2009 in Serbia aimed at combating the financial crisis (more…)

#bank#banks#European Commission


Welsh Assmbly launch SME support fund

A new 23m Welsh Assembly Government fund to support small businesses in Wales has been unveiled (more…)


Bibby Financial Services announce highest ever client base growth

While 2008 saw banks tighten their lending criteria and company insolvency numbers rise, Bibby Financial Services recorded a pre-tax profit…


EBRD approves $100m support for Kazakh economy

The EBRD has approved two loans worth a total $100 million to support lending to the Kazakh economy via credits…

#bank#crisis#funding


Swedish banks in talks for EBRD, EIB cash to...

Swedbank AB, Nordea Bank AB and Skandinaviska Enskilda Banken AB, who together represent more than 50% of total lending in…


The implementation of Basel II

Factorscan talks to factors in Austria, Belgium, India and the Netherlands about the impact of Basel II and asks what…

FCI announce 2008 figures for the world factoring industry

Factors Chain International released today the much awaited figures for the 2008 world factoring industry (more…)

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