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Business investment declines but is expected to rise again

Polish companies' aggregate investment levels continued to decline in the first six months of 2003, dropping 2.2% to PLN 21.8 bn, but the official Central Statistical Office (GUS) underscored that the situation is improving and investment could rise in the...

#investment#investments#poland

Banks seek to regain business credit market

The commercial banking sector needs to recover ground lost to the suppliers that have become the primary credit sources for…


Interest-rate on hold as growth picks up

Poland's rate-setting Monetary Policy Council (RPP) opted on Wednesday (27 August) to keep official borrowing costs on hold for a…


Eurochambres voices concerns over Basel II’s negative effects on...

In an open letter to the Financial Times, London, Christoph Leitl, president, Eurochambres, the European Chambers of Commerce, has voiced…


GERLING NCM helps companies deal with regular payment defaulters

GERLING NCM, soon to be renamed as Atradius, has launched a new contract debt collection service designed to help companies…


Canbank Factors Ltd reports best ever in volume and...

Canbank Factors Ltd, a subsidiary of Canara Bank, recorded its highest ever turnover (factoring volume) of Rs 1,223 crores for…

#bank#banks#liquidity


Trade figures massively distorted by termination of VAT “carousel”...

A breakdown of trade figures from the Central Statistics Office (CSO) indicates that up to 40% - or some Ђ3.5…


Financial laws reform timetable announced

Starting as early as 2006, financial firms, including banks and insurers, will be free to provide the same or similar…

#bank#international#management


SMEs face financing problems

Ibrahim Karaoglu, chairman of the Board of Directors of the Kocaeli Association of Active Industrialist Businessmen (KAAIB), addressed the problems…


Eight APEC economies sign memorandum to support SME finance...

Finance ministers from the 21 Asia-Pacific Economic Cooperation (APEC) member economies are expected to sign an agreement on financing for…


BDC and the Caisse create a $300 million SME...

The Business Development Bank of Canada (BDC) and the Caisse de dйpфt et placement du Quйbec (Caisse) have concluded an…


Late paying businesses risk their reputation

Research conducted by the Better Payment Practice Group (BPPG) reveals that 85% of UK companies believe that late payment is…

Alliance announces resignation of president

Alliance Financing Group Inc has announced that Michael Maurer has tendered his resignation as president and as a director of…

#commercial finance#receivables#receivables financing

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