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Latvian factor intentionally cuts market share

Unilizings leasing and factoring company, owned by Latvian Unibanka, last year earned a profit of 2.53m lats (EUR 4.03m), up 8.3 per cent from 2001, said Unilizings director, Janis Buks. He said the company was pleased with last year's profit,...

Government proposed changes to the law will impact factors

The Mexican government will propose modifications to the Auxiliary Credit Organizations Law over the coming months, which would apply to…

#leasing#risk#Vice president


SMEs are invited to tap potential of 1.3 billion...

Local entrepreneurs, and small- and medium-sized enterprises (SMEs) are invited to tap the 1.3 billion customers potential of the 57…


Banks channel fresh loans to SMEs

The Indonesian banking sector channelled some 30.7 trillion rupiah (US$3.3bn) in fresh loans to small- and medium-sized enterprises (SMEs) last…


Close appoints new deputy chief executive

David Thomson has been appointed deputy chief executive of Close Invoice Finance. He will remain Managing Director of Metropolitan Factors,…


An analysis of Scottish corporate failure

Examining the rate of corporate failure in Scotland as a means of identifying overall trends and shifting patterns is a…

#Clear#economy#insolvency


Bank of England rate cut dangerous for business?

The latest Government figures (reported on factorscan 7 February) show that the number of companies going out of business is…


Bibby’s national SME survey shows skills gap widening

The shortage of skilled workers across the UK is getting worse and is holding back small- and medium-sized firms according…

#financial services#management#small business


Electronic loans to SMEs of US$15.6m via B2B portal...

Colombia's largest bank, Bancolombia (www.bancolombia.com), paid out in 2002 46.4bn pesos (US$15.6m) through its B2B portal Credipagos Virtual, said electronic…


United States: Jones Day merger with Gouldens confirmed

The international law firm Jones Day and the leading City of London firm Gouldens announced that they will merge their…

#international


The Chartered Institute of Purchasing and Supply joins the...

The Better Payment Practice Group (BPPG) has welcomed The Chartered Institute of Purchasing And Supply (CIPS) as its latest member.…

#i#management#payment terms


Paris office of Mayer, Brown, Rowe & Maw recruits...

The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a…

Coface’s sector trends report published

After several months of price and inventory decline, a cyclical upturn in some economic sectors could provide the basis for…

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