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The crisis at Latvia's Parex Bank is evidently having a knock-on effect, with its Azeri subsidiary PLF temporarily closed to new business. (more…)
#bank#bankruptcy#banks
The European Investment Bank's board of directors has approved the Corporate Operational Plan 09-11, setting out increased lending targets to…
#bank#Paid#risk
The UK government has announced a series of of measures to promote bank lending and revitalise the ailing economy (more…)
#bank#international#management
The Hong Kong SAR government is considering merging the loan guarantee for two sub-schemes under the SME funding schemes to…
#funding#guarantee#Paid
The Federation of Small Businesses (FSB) has unearthed evidence that big organisations are unashamedly making smaller firms wait over 100…
#invoice#Paid#payment terms
The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves…
#bank#Bank of England#Paid
Baku, Fineko/abc.az. Parex Leasing Factoring LLC has obtained next progress in leasing transactions that has led to its portfolio growth.…
#banks#international#leasing
More than 1,000 industry players attended last night's annual Asset Based Finance Association (ABFA) dinner, which combined one of the…
#asset based finance#factoring industry#international
The cost of living soared last month, with the official annual inflation rate jumping to 3pc driven by higher fuel…
#bank#Bank of England#interest rates
Yesterday the Bank of England s Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank…
#bank#Bank of England#economy
Police are investigating allegations of fraud after Bury Council paid a bill from a supplier for 250,000 - despite the…
#Clear#factoring fraud#invoice
Banco Popolare hopes to find a partner for its leasing and factoring affiliate Banca Italease or for a portion of…
#bank#conference#i
Companies operating in the recruitment sector are typical of those using invoice discounting to fund growth and expansion of their…
#cash-flow#funding#investment