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Upturn in foreign direct investment

Foreign direct investment (FDI) in central and eastern Europe should top Ђ20bn in 2004 and 2005, according to Bank Austria Credianstalt (BA CA). Poland looks set to receive Ђ4.5bn in 2004 and Ђ4.9bn in 2005, a large amount compared to...

Overdue SME loans soaring

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


Acquisition of factor announced

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 report strong operating performance in first quarter of...

Fortis have reported first quarter results 2004 with a best-ever quarterly net profit of Ђ1,275 million, an increase of Ђ1,728…


New government enjoys economic windfall

The new Congress-led government in India under Manmohan Singh got a boost with exports surging up by almost 20 per…


Bibby Factors Northwest appoints new manager and head of...

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


SMEs confident in enlarged EU market

Small- and mid-sized enterprises (SMEs) in Central Europe are confident they can cope with the competitive pressures of the enlarged…


CBI’s new president focus on restoring corporate reputation

Following confirmation of his appointment by the CBI's annual general meeting held in London yesterday, John Sunderland, executive chairman of…

#i#management#Two


Special Report: Basel II

This special report on Basel II looks at how banks are adapting their credit and operational risk management processes in…


Three-quarters of firms have no ratings, rely on bank...

Three out of four firms listed on the Korea Stock Exchange (KSE) had no credit ratings from domestic credit rating…

#bank#banks#insolvency


Two-thirds of small firms shut within 5 years

Approximately two-thirds of small- and medium-sized enterprises (SMEs) go out of business within five years, the Korea Credit Guarantee Fund…

#guarantee#investment#management


UK firms stay loyal to banks and their finance

More than six in ten UK businesses have stuck with the same bank over the last five years, according to…

#bank#small business#smes

Factoring fraud at Parmalat under investigation

The Bologna public prosecutor's office last week began an investigation into the possibility of factoring fraud at the failed Italian…

#factoring fraud#financial services#Italian factoring

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