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Corporation tax overhaul would damage cashflows says ACCA

Proposals for the long-awaited revamp of the UK's corporation tax system would lead to cashflow problems for businesses, says ACCA (the Association of Chartered Certified Accountants). The plans are outlined in a Treasury consultation document, 'Corporation tax reform', published today....

HM Customs help businesses in the fight against VAT...

Customs have today published new guidance to help honest businesses from being caught up in VAT fraud in the computer,…


CBI in plea over export credit

The Confederation of British Industry (CBI) will today urge the government to give UK businesses the same level of help…


Japanese bank lends Mexico US$250m for SME upgrades

The Japan Bank for International Cooperation (JBIC) has provided Mexico with US$250 million for upgrading small- and medium-sized enterprises (SMEs)…

#bank#international#smes


General Electric launches GE Business Credit Services

To meet the rapidly changing financing needs of businesses in North America, General Electric announced today the launch of GE…


Standard & Poor’s affirms GERLING NCM 'A' Rating

Standard & Poor's Ratings Services has affirmed its 'A' counterparty credit and insurer financial strength ratings on the core operating…

#Atradius#bank#Deutsche Bank


GERLING NCM becomes Atradius and establishes a route map...

Under new ownership, with its new name ATRADIUS, and with strengthened capitalisation and management, GERLING NCM - a global leader…


Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…

#3M#interest rates#receivables


German exports continue to decline

Though German car exports may be on the rise, German exports, in general, continue to suffer as a result of…


Bank Industri posts record pre-tax profit

Bank Industri group, comprising Bank Industri & Teknologi Bhd, Exim Bank and Malaysia Export Credit Insurance Bhd, has posted a…

#bad debts#bank#Exim Bank


Davenham Group breaks all records –profits up by over...

Davenham Group today announced record profits for the financial year ending 30 June 2003. With a profit before taxation of…

#banks#funding#management


KUKE negotiates increased guarantee limits

The Export Credit Insurance Corporation (KUKE), a joint stock company, wants to increase the guarantees limit on behalf of the…

IGF Invoice Finance report pre tax profits up 55%

IGF Invoice Finance Limited, part of Independent Growth Finance Limited, has recorded a pre-tax profit of Ј510,723 for the year…

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