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The European Investment Fund will finance an account and an office in Romania to manage the EUR100m of the Jeremie Programme for SMEs. (more…)
#economy#financial institutions#guarantee
More than 40 per cent of the sales ledgers, an invoice finance and factoring specialist undertook to examine on behalf…
Fitch Ratings has affirmed the major insurance entities of the Coface group at Insurer Financial Strength 'AA+' and the Issuer Default Rating…
Bank Austria Creditanstalt purchases 100 per cent of the shares in FactorBank by purchasing shares from Raiffeisen Zentralbank and Oberbank. (more…)
Seventy per cent of the Sh1.25bn World Bank loans extended to Kenya for the development of the MSME's remains unutilised. (more…)
#bank#management#smes
Italy's central bank has ordered Banca Italease to elect a new board and raise capital after spendng EUR610m to unwind derivatives…
Abbey leverages Santander's technology and experience in reverse factoring to enable suppliers to be paid quickly at a lower financial cost than…
#invoice#smes#supplier payments
New research has found that businesses take longer to pay their bills than at any time since Late Payment legislation was…
Bulk Packaging Group has been acquired in a MBO and it is being funded by Lloyds TSB Commercial Finance. (more…)
#Boost#commercial finance#funding
BCR s Receivables Finance International conference is attracting a significant response given the continued high level of interest in China…
#conference#exporters#international
The public and private sectors have to join forces to adopt new ways to streamline the accessibility of finance to…
European funds alloted to SMEs to access consulting services are regarded as insufficient by the Bucharest Regional Development Agency. (more…)
Banco Espirito Santo confirmed that net income increased 83 per cent year-on-year in H1 and this was assisted by its…