Bulgaria

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

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

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

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

Cisco Capital, a Cisco financial services company, and Raiffeisenbank (Bulgaria) signed an agreement for joint small- and medium-sized enterprises (SME) funding for the purchase of communication equipment.

The Bulgarian government has made big headway on an initiative for the creation of a state-run investment bank, which will  provide quick SME access to loans or guarantees for the export of

Postbank was awarded two prizes at the international financial exhibition Banks, Investments, Money. Postbank's factoring services, offered by EFG Factors Branch Bulgaria, were honored with

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

The factoring market in Bulgaria is expected to grow fast in the next few years

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