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The Grand Hotel Parco dei Principi, Rome – update

BCR has spoken to staff at the Grand Hotel Parco dei Principi in Rome, the venue for BCR’s recent international factoring conference, after receiving the news of the devastating fire that broke out there on Saturday. Staff at the hotel...

#conference#international#international factoring

Medium-sized banks targeting medium-sized companies

Nordea Bank Polska, Raiffeisen Bank Polska, WestLB Bank Polska, and NordLB Polska, among others, all look poised to pursue more…

#bank#banks#Nordea


Banking reformer opens new commercial bank aimed at the...

Nippon Shinko - the first non-internet bank to be awarded a banking licence in Japan since 1954 - opened its…


Financial services extended to Taiwanese investors in China

Cathay United Bank, the flagship firm of the Cathay Financial Holding Co, recently signed a cooperative agreement with mainland China's…

#bank#Bank of China#banks


Better Payment Practice Group updates free credit management guide...

The Better Payment Practice Group (BPPG) has launched a new version of its popular credit management guide and wallchart. The…


Expansion may increase late payment problems – Lloyds TSB...

Late invoice payment from overseas businesses is causing problems for companies, according to Lloyds TSB Commercial Finance in Birmingham. With…


IBG NIKoil factoring turnover topped $380m in 2003

Nikoil Financial Corporation president Nikolai Tsvetkov said IBG Nikoil turnover on factoring operations topped $380 million last year. He added…


Bank of England raises rates – business groups urge...

The Bank of England raised its main interest rate today to 4.25 per cent, in line with market expectations. Independent…

#bank#Bank of England#IMF


EUROFACTOR increases pre-tax profitability

EUROFACTOR UK has posted pre-tax profits of Ј1.3 million for 2003 in spite of some of the toughest trading conditions…


Factoring to emerge as key ingredient of financial supply...

The global shift in traditional trade finance methods to a global financial supply chain (FSC) based on open source account…

#bank#international#International Trade


ECGD supports Kazakhstan soya bean processing plant deal

A small Yorkshire-based company has won a multi-million dollar contract to supply and commission a soya bean processing plant in…


Fed statement on interest rates

The US Federal Reserve yesterday signalled a shift in its stance on monetary policy, leaving interest rates unchanged while saying…

#bank#Bank of England#inflation

New Export Insurance Corporation Boss

The government has announced the appointment of Kim Song-woong as head of the Korea Export Insurance Corporation (KEIC). Kim, incumbent…

#export credit insurance#exports#guarantees

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