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The Monetary Policy Council (MPC) has cut banks' mandatory reserve level from 4.5% to 3.5%. The reduction of mandatory reserves had been expected to come before the end of October. The new level is effective from 1 October. Poland's banks...
Outgoing European Central Bank (ECB) president Wim Duisenberg scolded Europe's governments on Thursday over their bloated budget deficits as the…
Small and medium enterprises (SMEs) in India and South Africa will benefit from a preferential trade agreement expected to be…
The two main speakers at the Labour Party Conference left small business representatives reserving judgement on whether the future policy…
A new Hungarian receivables finance company, AKKORD VF Venture Finance, has been launched by Dr Kбroly Martinkу. Until last January…
The state credit organization (Nafin) and National Foreign Trade Bank (Bancomext) will merge this month in a move aimed to…
#bank#Paid#smes
Commercial lenders across the nation believe the economy will continue to slowly improve during the first half of 2004, but…
#commercial finance#management#small businesses
Jewellery-store chain Friedman's Inc. said Thursday (2 October)the U.S. Justice Department is investigating a dispute over accounts receivable. Nearly three…
#account receivables#receivables
CIT Group Inc. announced today that its Commercial Services business unit has acquired a substantial portion of the U.S. factoring…
Poland saw foreign direct investment (FDI) of US$ 2.53 bn in the first half of 2003 against US$ 3.2 bn…
Financial and legal experts have warned that the government's effort to halt the rising tide of business fraud is failing…
Positive news was received on Tuesday (30 September) regarding the Finnish economy. Businesses expressed firmer confidence in the future in…
#economy#European Commission#GDP
Century Business Credit Corporation, one of the largest bank-owned factoring companies in the world, has changed its name to Wells…