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Bulgaria

UniCredit predicts factoring turnover of BGN500m in 2007

UniCredit Factoring expects that its capital would grow over BGN 500m by the end of 2007. (more…)

#funding#invoice#Unicredit

EBRD lends Piraeus Bulgaria Ђ35m

EBRD have announced it would lend the Bulgarian arm of Greek banking group Piraeus €35m under four credit lines. (more…)


Raiffeisen opens factoring unit in Bulgaria

Raiffeisenbank has set up a factoring unit in Bulgaria. The factoring company has a capital of one million leva. (more…)


Raiffeisenbank adds factoring unit

Raiffeisenbank (Bulgaria) EAD has added a wholly-owned factoring division to its local group of six companies, Dnevnik a.m. reports. (more…)

#leasing#management#Raiffeisen


ProCredit Bank to on-lend euro 9.4 million to SMEs

ProCredit Bank said it will disburse a resource of euro 9.4 million among SME investment projects in Bulgaria's urban and rural…

#bank#Commerzbank#interest rate


Bulgarian factoring market to grow 40% annually

The factoring market in Central and Eastern Europe is growing 20% to 40% per year. (more…)

#Unicredit#Unicredit Factoring


Cisco Capital, RZB launch SME financing program

Cisco Capital, a Cisco financial services company, and Raiffeisenbank (Bulgaria) signed an agreement for joint small- and medium-sized enterprises (SME)…

#financial services#funding#SME financing


Bulgaria state-run mega bank to guarantee SME loans

The Bulgarian government has made big headway on an initiative for the creation of a state-run investment bank, which will…

#bank#banks#funding


Postbank wins prize for factoring services

Postbank was awarded two prizes at the international financial exhibition Banks, Investments, Money. Postbank's factoring services, offered by EFG Factors…


Factoring market set to surge ahead

 We expect a dynamic development for the factoring market in the years to come, Lilyanov said (more…)

#bank


Greek EFG Factors opens office

The factoring market in Bulgaria is expected to grow fast in the next few years (more…)


EIB credit line for SMEs

The European Investment Bank will support the small- and medium-sized enterprises (SME) in Bulgaria through a new €30m global loan…

Commercial Bank Allianz Bulgaria joins EU/EBRD SME finance facility

The EBRD is lending Commercial Bank Allianz Bulgaria euros 5m to support the development of local small- and medium-sized enterprises…

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