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KPMG report finds increase in level of fraud

The level of fraud is on the increase according to the latest research from accountant KPMG's fraud barometer. The figures, which considered major fraud cases involving more than Ј100,000 being heard in the UK Crown Courts, found that 14 cases...

#MAN#Two

Euler Hermes increases turnover

Euler Hermes first half 2004 consolidated turnover came in at Ђ955.7 million, up 2% on published turnover of Ђ936.8 million…

#Allianz#guarantees#interest rates


Dynamic Commercial Finance plc board changes

The following statement was issued by the London Stock Exchange’s Regulatory News Service on Wednesday, 4 August 2004: “Following the…


Roseximbank renamed to DZI Bank

Bulgaria's Roseximbank has adopted the name “DZI Bank,” and will introduce the new corporate logo of the Bulgarian Financial Group…


Average interest rate of bank loans falls

The average interest rate of bank loans drawn down in June fell by 0.23 per centage points, compared to May,…

#bank#interest#interest rate


SCH Elcon sells factoring arm

The factoring and equipment leasing activities of Elcon Finans have been acquired by Societe Generale from a unit of Santander…


EEFE President reports on Russia’s factoring industry

Mikhail Treyvish, President, East European Factoring Association (EEFA) and Chairman, Uralsib-NIKoil, analyses the Russian factoring industry and future trends. Read…


Department of SMEs Director calls for support for SMEs

More efforts should be made to promote the development of small- and medium-sized enterprises (SMEs) in China, said Su Bo,…

#forum#management#regulation


SB Corp. loans to SMEs reach P1.4bn in first...

Small Business Guarantee and Finance Corp. (SB Corp.) lent P1.42 billion to small- and medium-sized enterprises (SMEs) during the first…

#bank#interest rates#small business


Latest analysis of the UK factoring industry

Kate Sharp, Chief Executive, Factors and Discounters Association (FDA), introduces and analyses the UK factoring market, industry environment and future…

#BCR Publishing#factoring industry#World Factoring Yearbook


OB Heller Factoring announces first half 2004 results

Turnover of OB Heller Factoring, a.s. Bratislava reached Sk2.2bn in the first half of 2004. The company predicts that turnover…

#receivables


VTB raises over Ђ27m from German bank

Vneshtorgbank (VTB) has raised more than Ђ27 million under a 6.5-year credit agreement with AKA Ausfuhrkredit-Gesellschaft mbH for long-term import…

#bank#banks#Deutsche Bank

Top Factoring Professionals Head For Shanghai

Senior executives from the factoring and asset-based finance industries around the world will be gathering in Shanghai from 8 -…

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