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Euro Sales Finance plc announced a return to profitability with record pre-tax profits of Ј6.0m for the year to 31 December 2003. Stuart Holloway, CEO, commenting on the results, said: “I am absolutely delighted to report that Euro Sales Finance...
A seven-strong team of directors have paid an undisclosed sum for the UK and European operations of Manchester language-training firm,…
European companies continue to face problems with late payments, which in just six years have increased in length by an…
#liquidity
Carl Cushnie, once Britain's most successful black businessman, was yesterday convicted for his part in one of the country's biggest…
#banks#forum#frauds
Despite DTI figures which show that UK insolvencies due to late or non-payment are increasing, the majority of small- and…
The US Export-Import Bank said it would provide more than $100m in financing to Kenya Airways to purchase a passenger…
The Chilean unit of French commercial insurer Coface expects profits to grow 30 per cent this year, company executive Louis…
#bank#conference#management
Foreign direct investment (FDI) in central and eastern Europe should top Ђ20bn in 2004 and 2005, according to Bank Austria…
The number of overdue loans to small- and medium-sized enterprises (SMEs) jumped by nearly 50 per cent in the first…
#bank#credit risk#insolvency
The CIB group has bought the factoring firm Aginvest-Faktor Rt, Hungary’s second largest factor. CIB Group’s commercial finance units, CIB…
#acquisition#bank#commercial finance
Fortis have reported first quarter results 2004 with a best-ever quarterly net profit of Ђ1,275 million, an increase of Ђ1,728…
The new Congress-led government in India under Manmohan Singh got a boost with exports surging up by almost 20 per…
Bibby Factors Northwest, a specialist provider of business cash flow solutions, has announced the appointment of Paul Mountain as regional…
#bank#cash-flow#financial services