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Venture Finance expand their Product Range

26/07/2000
UK

Equity Participation and Trade Finance Services now available.

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Magyar Annual Report

26/07/2000

Key figures from Magyar Annual Report(HUF million) 1999

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Management Buy-Out of Davenham Group for Ј60 million

26/07/2000
UK

The Bermuda based Bank of NT Butterfield & Son have made Ј60 million from an MBO of the Manchester based Davenport Group. The successful management team of four is headed by Colin Davenport.

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Bank Lending Declines 18.7% in First Half

25/07/2000

Bank lending in Thailand declined 18.7 percent, or 820 billion baht, compared with last year's first half, said Thai Farmers Research Center (TFRC).

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China Signals Freer Policy on Interest Rates

25/07/2000

The Chinese Government is paving the way for a relaxation of currency trading rules as part of sweeping reforms to the country's financial system.

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Positive Reaction to Mexican Election

21/07/2000

The election result for 2 July was better than expected.

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Insolvency Service Crack Down on Crooked Directors.

21/07/2000
UK

The Insolvency Service’s Annual Report, released on July 20th, has shown a 20% increase in the number of unfit directors to be disqualified. The figure has risen from 1,284 in 1998-99 to 1,540.

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Enel Invests in Factoring

21/07/2000

Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector.

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Hewitt Launches Business Debtline

21/07/2000
UK

Small Business Minister Patricia Hewitt on the 12 July 2000 launched the Business Debtline, a telephone helpline aimed at helping small businesses facing debt problems.

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Factoring Turnover up 42%

20/07/2000

The Spanish factoring sector posted a turnover of Pta2,288bn in 1999, up 42.16% on 1998 figures of Pta1,600bn, thanks to Spain's economic stability.

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