Ireland

Anglo Irish Bank today became the third bank to offer a fund to provide term and working capital to SMEs

Bank of Ireland has established a €250m fund to provide SMEs with access to working capital

The level of potential bad debts being reported by Irish companies has more than doubled over the past year

Coface, a leading provider of credit management solutions for business, has added to its credit management services in Ireland with the launch of a flexible receivables finance facility designed to help companies maintain their cash flow when trading both domestically and internationally.

Irish businesses are being forced to wait 30% longer for payments as a result of the slowdown in the economy.

London-based merchant bank Close Brothers is set to enter the 1.4bn Irish invoice financing market this year.

EURO Environmental Services has been awarded the most recent Ulster Bank Invoice Finance and Irish Independent Business Achievers Award.

Dublin headquartered Atradius Re is the first credit and bonding reinsurance company to be granted a licence to offer reinsurance under new EU regulations.

The number of tax cases heard by the High Court in any one year varies, but 2007 has been a relatively busy year.

Coface, has strengthened its presence in the Republic of Ireland.