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Eastern Europe

Eximbank and Mehib export insurance and credit schemes boost...

The Act on the Hungarian Export-Import Bank and the Hungarian Export Credit Insurance Company (Act XLII of 1994) established the Hungarian Export-Import Bank (Eximbank) and the Hungarian Export Credit Insurance Company (Mehib). Both institutions are wholly state owned. The government...

#bank#exports#guarantees

Ukreximbank to receive US$50m credit from US Exim Bank

Ukrainian state export-import bank Ukreximbank is to receive a credit from US Exim Bank of US$50m to finance small- and…

#bank#banks#Exim Bank


BNR rate cuts percolate to commercial banks’ loans

Commercial banks are set to cut interest rates on loans in the coming weeks. Yet, the cut will only be…

#bank#banks#interest rate


SMEs operating in industry and services on increase

Small- and medium-sized enterprises (SMEs) acting in industry and services have been on the increase, unlike SMEs dealing in trade,…

#funding#international#smes


Top 100 firms slightly less optimistic in August

While continuing to perceive improving trends in the domestic and global economy, large Hungarian firms have somewhat tempered their optimism…


Positive watchlisted for Poland by Coface

The Coface Group, as one of the worldwide leader in credit insurance, certifies Poland in an actual country rating as…


Eximbank launches autumn campaign to support exporters

Romania's Export Import Bank, Eximbank SA, launches on September 1 the autumn campaigns designed to support exporting business operators. Facilities…


Factor to be listed on Warsaw Stock Exchange

A Silesian factor is planning its debut on the Warsaw Stock Exchange (WSE). "We will be the first factoring company…


Interest rate hike surprises market

The Monetary Policy Council (RPP) has increased interest rates by 50 basis points - twice as much as the market…

#i#inflation#interest rate


SME industry expands

The role of the small- and medium-sized enterprises (SMEs) sector in the Bulgarian economy is growing, the chairman of the…

#banks#economy#guarantees


Bulgaria's base interest rate falls

The base interest rate in Bulgaria has been reduced to 2.40 per cent – a decrease of 40 basis points,…

#bank#interest#interest rate


Foreign investment in first six months

In the first half of 2004, a total Ђ422m was invested by foreign companies in Hungary through the Hungarian Investment…

#3M#investment#trade

Metal trader secures factoring deal

Leman Ukraine, the Kiev-based metal trader, has secured a factoring deal worth UAH 8.5m. Ukrsotsbank, the Ukrainian bank, will provide…

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