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Nord/LB announces plan to enter factoring market

 We are mostly interested in small- and medium-sized companies, said Jaroslaw Dabrowski, the bank's CEO. We want to expand our products (more…)

Ashley Commercial Finance launches invoice finance service for security...

By 20 March 2006, all contract security officers, supervisors, managers and directors in the UK will need a licence for…


Venture Finance enters 2006 on a high

Venture Finance has built on the success achieved in 2005 with a new regional office and three new appointments (more…)


Euler Hermes' Hungary units see profits down

The Hungarian subsidiaries of Euler Hermes, a provider of credit insurance and manager of trade receivables, achieved consolidated after-tax profit…

#Atradius#exports#management


Financial institutions eye GMAC

Both the Wall Street Journal and Bloomberg are reporting that that a group may bid between US$11 billion and US$15…


Lloyds TSB Dubai boosts team with new appointment

This appointment follows a series of senior appointments at Lloyds TSB Dubai, which included (more…)


Euler Hermes grows turnover in key markets

Euler Hermes, the French credit insurance company, has announced that its turnover rose by (more…)


CBI attacks 'confusing' government support for SMEs

The CBI has accused the government of letting down small- and medium-sized enterprises by spreading its £8bn business support budget…


EBRD expands support to Kazakh micro- and small-scale enterprises

The European Bank for Reconstruction and Development (EBRD) is expanding its support to micro and small enterprises (MSEs) in Kazakhstan…

#bank#MSME#small business


Pressure rising on GMAC amid mounting GM losses

In the wake of General Motor’s (GM’s) dismal financial release, analysts have eagerly re-initiated their frenzy of speculation over the…

#bankruptcy#financial services#J.P. Morgan


Government announces new Chief Executive for UK Trade &...

Jack Straw said: "UKTI's job is to sell to a global audience the very qualities that made us one of…


Banco Security ups profits 38% in 2005

Grupo Security owned Banco Security is active in factoring, insurance, stock brokering and (more…)

#bank#commercial lending#insurance

B&Q suppliers cannot use invoice finance without consent

 John Cleland, managing director commercial at B&Q, wrote to suppliers 10 days ago setting out the new terms. “I recognise…

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