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BZ WBK Faktor, owned by BZ WBK bank and Bibby Factors, the Polish unit of the UK’s Bibby group, will join together to offer factoring services for companies. According to the firms' representatives, the combination of the two companies will...
Carl Cushnie, founder of the collapsed FTSE 250 company Versailles, channelled more than Ј610,000 in payments from within the group…
#banks#crisis#i
Small- and medium-sized enterprises (SMEs) confidence was up two points to 46.7% in January, showing an unmistakable recovery from its…
#economy#inflation#investment
EUROFACTOR, the Reading-based business finance experts, have announced their most recent high profile deal by helping to fund the management…
#business finance#funding#invoice
Small- and medium-sized enterprises (SMEs) are vital to the EU economy and high-quality, transparent financial reporting is important for them…
Banco de Chile has posted net income of 130bn pesos (US$220m) for last year, up 146% compared to 2002 on…
#bank
The State Bank of India (SBI) is close to completing a search for strategic foreign partners for its factoring, asset…
Direct investment in fixed assets at Russian companies increased 12% in 2003 to US$72 billion, according to early figures. Foreign…
#exports#investment#trade
Foreign direct investment (FDI) in Lithuania rose 3% in 2003 to 13.6 billion litai (LTL), according to the Lithuanian Statistics…
#investment
Stelco, Canada's largest steelmaker, announced yesterday that it will seek bankruptcy protection as part of efforts to restructure its money-losing…
#bankruptcy#CIT#commercial finance
Last year was very interesting in the South African (SA) debtor financing industry, which continues to be extremely dynamic. The…
#economy#financial services
A new Germany-based company will soon join the local banking sector when it opens the first Mexican office of Deutsche…
Commerzbank is considering kicking off the long-awaited consolidation of the German banking market with an acquisition of regional bank Schmidtbank.…