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UK companies amongst the worst late payers in Europe

Intrum Justitia, Europe’s leading credit management company, has provided further evidence of poor payment practices in the UK following the publication of their latest quarterly European Payment Survey. The index uses data from nearly 30,000 companies in UK, Italy, Germany,...

#late payment#management#payment practices

Atradius launches guide to help firms save lost profits

A free guide has been published to help firms save up to a third of their annual profits that is…

#Atradius#bank#invoice


Allianz Group to expand core business in China

Allianz Group, the largest German insurance service provider, will continue to expand its core business in China, according to Michael…

#Allianz#financial services#management


Coface acquires 100% of ORT SAS and its subsidiaries

Coface, a Natexis Banques Populaires subsidiary, today announced the acquisition of 100% ownership of the ORT SAS Company and its…

#acquisition#management#receivables


HSBC reports record year for new business

HSBC Invoice Finance (UK) Limited has reported profits before-tax of Ј59.69m for the year ending 31 December 2003, an increase…

#bank#funding#invoice


The Royal Bank Of Scotland Commercial Services strengthens North...

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…

#bank#financial services#international


Northern Ireland’s small firms still get a raw deal

Budget 2004 contained few shocks for corporate Northern Ireland: that does not mean that everything in the garden is rosy.…

#interest#management#smes


GE Commercial Finance in refinancing deal with British valve...

An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…

#acquisition#commercial finance#funding


EFIC introduces new political risk insurance policy for plant...

Export Finance and Insurance Corporation (EFIC) has introduced a new political risk insurance (PRI) policy for Plant and Equipment to…

#export finance#exporters#management


Guidance on calculating late payment interest needed

Almost three quarters of the 1,476 businesses surveyed on the Better Payment Practice Group’s (BPPG) website admitted that they are…

#interest#late payment#management


Polish unit of Raiffeisen sees 2003 profits leap, SME...

Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…

#bank#management#Raiffeisen


Financial black hole in corporates’ finances can spell mortal...

Atradius, a global leader in credit insurance and credit management, has warned of the dangers faced by suppliers of companies…

#Atradius#international#management

Poor jobs news and weak economic growth hopes balanced...

The feeble job growth in the government's February employment report surprised economists and made the markets shudder, but the prospect…

#exporters#interest rates#management

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