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European companies continue to face problems with late payments, which in just six years have increased in length by an average of 14 per cent. The liquidity problems this causes can lead to bankruptcies. Read the full report, go to...
#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
Small- and mid-sized enterprises (SMEs) in Central Europe are confident they can cope with the competitive pressures of the enlarged…
Following confirmation of his appointment by the CBI's annual general meeting held in London yesterday, John Sunderland, executive chairman of…
#i#management#Two