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EBRD report upbeat about economy but criticizes bankruptcy laws

The European Bank for Reconstruction and Development (EBRD) has identified flaws in the legal framework for business and the bankruptcy process in its latest assessment of the Czech Republic. But in its 2003 transition report, the EBRD still identified the...

#bank#bankruptcy#insolvency

Small business index up; 'very strong' Q4 likely

The National Federation of Independent Business' (NFIB) monthly index of small business economic indicators jumped 2.1 points in October to…

#GDP#small business#small businesses


Cattles funds MBO with invoice finance deal

Cattles Invoice Finance has funded the management buy-out (MBO) of Bradford-based Slimline Windows Limited, manufacturers and installers of new pvc…

#invoice#management#trade


Fortis Group reports improved operating performance and significant recovery...

The Fortis Group have released figures for Q3 2003 showing net profit of Ђ677m, an increase of Ђ2.3 billion on…

#insurance


New Zealand business owners less optimistic than Australian in...

New Zealand business-owners are not nearly as confident about the economy as their Australian counterparts, according to the results of…


Cattles Invoice Finance reports Ј1.7m profit in 2002

Cattles Invoice Finance Group (Cattles IF) has recorded a pre-tax profit of Ј1.78m (Ј1.30m: 2001) and a gross income figure…

#financial services#invoice#management


Survey highlights accountants’ views on invoice finance

When recommending an invoice finance supplier, professional advisors’ top three considerations were, in order of importance: to be part of…

#bank#financial institution#invoice


Trade deficit up 44.4% in 9 months

The year-on-year foreign trade deficit increased 44.4 per cent to $15.4bn in the first nine months, the State Institute of…

#exports#trade


Central bank hikes intervention rate

Romania’s central bank board has decided to increase by one percentage point to 21.25 per cent its intervention rate in…


ADB to lend Pakistan $170m for SMEs

Asian Development Bank (ADB) will lend Pakistan US$170m to develop small- and medium-sized enterprises (SMEs) in the country, Small and…


Minister re-defines SME turnover limit and hails mooted rise...

Moves to raise the audit threshold for small companies to Ј5.6m have been welcomed by the Secretary of State for…

#economy#small business#smes


Federal Reserve sees steady growth ahead

Federal Reserve (Fed) officials said on Friday that healthy US economic growth looks likely to continue, but low inflation means…

#bank#economy#i

Changes in Hungary’s venture capital scene

The president of the Hungarian Venture Capital and Private Equity Association (HVCA) Juliбn Tzvetkov, says he expects fundamental changes in…

#bank#banks#conference

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