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Fortis report tripled profit in first half results

Fortis has announced its first half results reporting a threefold rise in net operating profit to Ђ1,829m compared to the first half 2003 figure of Ђ683m. Net profit also tripled to Ђ2,078m in the first six months of 2004 from...

Factoring Slovenskej Sporitelne first half results

Factoring Slovenskej Sporitelne (Factoring SLSP) reported a turnover of Skk5,188 bn (Ђ129.8m) in H1 of 2004. Its share of total…

#interest


OB Heller Factoring announces first half 2004 results

Turnover of OB Heller Factoring, a.s. Bratislava reached Sk2.2bn in the first half of 2004. The company predicts that turnover…

#receivables


Small business sentiment indicator results for May

According to a survey of around 450 small- and medium-sized companies (SMEs) by BNP Paribas Lease Group (BPLG) and Agence…

#investment#small business#smes


New Faktor reports 2003 results

CIB Bank's newly-acquired factoring company, CIB Faktor, announced profits after-tax of HUF230,000 (Ђ915) in 2003 and year-end total assets of…

#bank#funding#smes


Specialist provider, London Scottish Bank reports half time results

London Scottish Bank PLC said all its businesses continue to show positive progress with particularly strong performances from the Factoring…

#3M#bank#debt collection


Close Invoice Finance and Metropolitan Factors results announced

Close Invoice Finance Limited have released their financial results for the twelve months to 31 July 2003 showing a pre-tax…


EquiFin reports first quarter 2004 results

EquiFin, Inc. has reported revenues for the first quarter ended March 31, 2004 increased by 57.6% to US$643,000, compared to…

#acquisition#business finance#interest


Chief executive of UK factor resigns ahead of interim...

Potential Finance Group plc, the UK finance company, says the benefits of a recent restructuring of operations first outlined last…

#commercial finance#factoring industry#interest


Potential Finance results ‘disappointing’ 2003

Potential Finance Limited, the independent Brentwood-based debt factoring company, has announced a pre-tax loss of Ј1.22 million for the year…

#bad debts#factoring industry#management


CIT Group results 2003 show strong factoring and leasing...

CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…

#CIT#commercial finance#i


UK corporate profitability achieves best results since 2000 –...

UK Corporate profitability during 2003 has returned to levels last seen at the tail end of the dotcom boom in…

#exports#interest#interest rates

SME economic confidence survey results

Small businesses in South Australia are the least optimistic of all states on the outlook for the national economy, a…

#debt finance#interest rates#small business

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