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Tax service gets tough on fake invoices

The National Tax Service is stepping up efforts to stamp out the trade in fraudulent invoices, which some traders use to under-report their income to tax authorities. The tax agency said yesterday that it had started tax investigations of 3,100...

#fake invoices#trade

Hansabankas profit up 21.6 per cent

Lithuania's Hansabankas earned a net profit of LTL 61 million last year, up 21.6 per cent from LTL 50.1 million…


Euler Hermes consolidated turnover up 21.4% in 2003, factoring...

Euler Hermes’ consolidated turnover amounted to Ђ1,864.2 million in 2003, up 21.4% * on 2002 published turnover, or up 1.9%…


Banks target SME sector

The European Commission in a report last year criticised Central and Eastern European countries for the state of the small-…


Fortis Commercial Finance appoints new client relationship manager

Fortis Commercial Finance has announced the arrival of Evette Martirossian into its Client Relationship Team. Evette joins as client relationship…

#bank#commercial finance#insurance


Factoring – Is this the finance option for your...

Karan Bilimoria, the founder of Cobra Beer, is a cheerleader for factoring, which he says is ideal for an ambitious…

#bank#commercial finance#debt collection


Arroyo earmarks US$358m for SME loans

President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…

#bank#conference#smes


Loan scheme's effectiveness to be probed

The government will today launch a nationwide review into the effectiveness of its small firm loans guarantee scheme following concern…

#bank#Bank of England#debt finance


A simple step to help us love insolvency practitioners

Insolvency practitioners are the SAS of the accounting profession. The most exciting moment of the day for many accountants comes…


Factoring presentation by HSBC at MENA Trade and Export...

HSBC was an official sponsor of the recent Middle East and North Africa (MENA) Trade and Export Finance Forum held…


UOB to leverage on niche in SMEs

United Overseas Bank (M) Bhd (UOB) plans to gain market share and enhance profits by building on its niche in…


Government measures strengthen SMEs

Ugandan Minister of State for Economic Monitoring, Omony Ojok said recently that the government has undertaken steps to ensure that…

FDA Residential Week announced

It has just been announced that this year's FDA Residential Week course will be held from Sunday, July 4th -…

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