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Eurofaktor, Poland's biggest non-banking factoring company, has increased its net profit and turnover forecast for this year. Having taken into consideration the financial results from eleven months of 2004, and the realisation of current agreements, Eurofaktor decided to increase its...
#3M#poland
The entire banking system provided smaller amounts for loans to small- and medium-sized enterprises (SMEs) in the second quarter, but…
Thousands of British firms are not getting paid on time because they make basic mistakes on the bills they send…
The French banking group Credit Agricole SA has finalised its acquisition of 49.09 per cent of French factoring company Eurofactor…
According to experts at BDO Stoy Hayward, 2004 is expected to record the lowest number of business failures for six…
The Export-Import Bank of Korea, a state-run trade bank, said it will increase its lending by 41% to 24 trillion…
US small business exporters are obtaining larger working capital loans under the new co-guarantee agreement of the Export-Import Bank of…
Germany's KfW signed credit agreements worth a total of Ђ16m with three Russian banks during the small and medium business…
The European Bank for Reconstruction and Development (EBRD) is opening Rosbank a credit line for US$20m for five years to…
#bank#banks#smes
ING Group NV and General Electric Commercial Finance have agreed to restructure their working capital finance joint venture NMB-Heller. ING…
US-based CIT Group has been granted a UK commercial banking licence that will allow it to make loans to businesses…
The export financing division of German state-owned bank Kreditanstalt fur Wiederaufbau (KfW), has announced plans to enter the leasing market.…
#acquisition#bank#funding
The Financial Supervisory Service (FSS) said it will introduce the new Basel Accord, also known as Basel II, by 2007…