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Czech Republic

Coface plans to enter Czech market

Austrian insurance company Osterreichische Kreditversicherung Coface, number one in the Austrian domestic and export credit insurance business, is preparing to enter the Czech market, head of board of directors Martina Dobringerova, announced. “We are trying to find the way of...

Chamber and credit agency to rank SMEs looking for...

Small companies in the Czech Republic can now have their financial health evaluated by an independent credit agency. A project…

#bank#banks#risk


Bank granted Ђ20m EBRD loan to support SMEs in...

The European Bank for Reconstruction and Development (EBRD) lent Ђ20m (some Kc630m) to Czech bank Komercni banka to support small-and…

#bank#European Commission#smes


Splitting of EGAP proposed

The Finance Ministry has proposed splitting Exportni garancni a pojistovaci spolecnost (EGAP) guarantee and insurance company into two parts for…


Lender confidence and bank competition boost number of loans

Small- and medium-sized enterprises (SMEs) have finally found a way to get hold of bank loans. Banks have reported an…

#bank#exporters#international


CzechInvest attracts 60 new projects in first half

Czech Invest, the government agency founded to support direct investment in the Czech Republic, attracted 60 new projects worth a…

#investment#investments


CNB stuns markets with interest rate rise

The Czech National Bank (CNB) bank board took the markets by surprise, raising interest rates by 0.25 percentage points. The…

#bank#banks#inflation


FDI rises in Q1

Foreign direct investment (FDI) in the Czech Republic reached CZK31.5 bn in 1Q 2004, up by CZK4.2 bn compared to…

#GDP#international#investment


EIU forecasts FDI to grow in 2004

The Czech Republic will receive foreign direct investment (FDI) worth $5 billion this year, according to the Economist Intelligence Unit…


EU support for SMEs compensates for reduced government aid

According to the Czech Ministry of Industry and Trade (MIT), almost two million people are employed in small- and medium-sized…

#bank#guarantees#SME financing


Atradius opens branch in the Czech Republic

Atardius started operating officially in the Czech Republic yesterday. “We see enormous growth potential on the Czech market as the…

#Atradius#bank#Deutsche Bank


Austria's Oberbank enters the Czech SME banking market

Austria's Oberbank will be the first bank to enter the Czech market after the country joins the European Union. The…

#bank#First Bank#smes

Small businesses feel pinch

The Czech government had turned its back on small- and medium-sized enterprises (SMEs). The sector not only faces increased foreign…

#security#small businesses#smes

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