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RBS Invoice Finance, Nat West and Lombard join forces...

The deal has been structured by the NatWest with additional funding packages also provided by RBS Invoice Finance and the asset finance provider Lombard (more…)

Glitnir Factoring turnover up 22% in first half 2006

Glitnir Factoring, a subsidiary of Glitnir Bank, continues its high growth through the first half 2006. The flow of invoices…

#bank#interest


Court Of Appeal sends warning to sleeping directors

As the company fell into further debt, Mr Grant fabricated accounts to a factoring company and was later found guilty…


Business confidence indices slip to two-year low

Ecostat's TOP-100 index, a measure of confidence at Hungary's biggest hundred companies, fell to its lowest point in two years. Ecostat's…


Non-bank financial-business regulation – focus on factoring

The factoring business has faced and still faces many legal problems and limitations due to a lack of specific laws…

#bank#Clear#funding


Government creates insurance policy for local textile exports to...

The government will try to protect the sector as tariff breaks derived from the Andean Trade Promotion and Drug Eradication…


Half of businesses need guidance on calculating late payment...

A poll by the Better Payment Practice Group (BPPG) has found that half of UK firms surveyed do not know…

#bank#Bank of England#late payment


Ceska sporitelna bank nets CZK 4.87 bn in H1

Ceska sporitelna belongs to the Austrian Erste Bank group, which comprises the bank CS, insurer Pojistovna CS, Leasing CS, Investicni spolecnost…

#bank#banks#economy


EU raises SME venture fund limit

The European Commission raised the upper limit of venture capital financing small- and medium-sized enterprises (SMEs) to (more…)

#European Commission#investments#smes


Consultation on Money Laundering Directive launched

HM Treasury has today (31 July) launched a consultation on the Government's proposed implementation of the Third Money Laundering Directive.…


Guy Carpenter adds team of seasoned professionals to political...

Guy Carpenter Company, a global risk and reinsurance specialist, has welcomed a number of experienced professionals to its newly restructured, London-based…

#information systems#Marsh#political risk


World Bank continues support of export development

The World Bank's Board of Executive Directors has approved a US$154.5m loan for the Second Export Development Project (EDP2).The project…

#bank#exporters#exports

Dresdner Factoring AG – receivables turnover well above target

Dresdner Factoring AG, one of the leading German providers of factoring services for small- to medium-sized companies (SMEs) with annual…

#interest#management#receivables

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