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BRE Leasing profit nearly doubles

Net profit of BRE Leasing increased to Zl3 million in 2003 compared to Zl1.6 m in 2002. Volume of new leasing transactions was Zl873.4 m in 2003. BRE Bank has a 50% share in BRE Leasing, 49.9% owns Commerz Leasing...

#bank#leasing

Trade to Norway soars

Romanian - Norwegian trade exchange continued to show growth last year and reached US$190 million, compared to US$170 million in…

#exports#trade


Exports rise 37% in January

Turkey's exports rose 36.9 per cent year-on-year to US$4.73bn in January, the Turkish Exporters Assembly (TIM) said. Exports were US$3.45bn…


ECB shrugs off currency fears

The European Central Bank (ECB) today announced it would keep interest rates on hold for an eighth consecutive month in…

#bank#Bank of England#conference


ECGD helps boost small companies in the Northeast with...

A small County Durham-based specialist engineering company has won Ј6.7million of business to supply copper tube manufacturing equipment to Mexico…

#bank#exporters#exports


Bank of England raises rates

The Bank of England raised its main interest rate today for the second time in three months. The quarter-point rise…

#bank#Bank of England#Deutsche Bank


SME business loan demand rise, a sign of growing...

A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan…

#banks#receivables#small business


Serbian companies lack funds for financing export production

The main reason identified for the big foreign-trade deficit in the past year is the inability of companies to find…

#bank#guarantees#interest


Shipowner boosts stake in debt collection agency

John Fredriksen, best known for being the world's largest tanker owner, has boosted his stake in debt collection agency Aktiv…


Audit change for SMEs has a bright side

Following the warning from the Forum of Private Business (FPB that new small-firm audit regulations could put directors' homes at…


Factoring in the US, EIU report

Factoring slumped 20% to a volume of US$115bn in the US in 2002 compared to the previous twelve months, according…


Versailles never generated a profit in nine years, court...

Versailles, the trade finance company which collapsed in 2000 owing Ј70m to its banks, made no money whatsoever from the…

Anfac calls for factoring regulation

Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…

#bank#factoring industry#factoring regulation

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