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Eastern Europe

Joint loan of EUR 45m for SMEs agreed

The European Investment Bank (EIB) and Serbia-Montenegro signed an agreement at the National Bank of Serbia (NBS) for a Ђ45 million loan for the development of small- and medium-sized enterprise (SME) segment and small and medium infrastructure projects in Serbia-Montenegro....

#bank#international#investment

Polish banks eye SME market

The attention of Poland's banking sector has started to shift to small- and medium-sized firms (SMEs). Consisting of 1.8million active…

#bank#bank loan#bankruptcy


Hanza Lizings offers financing supplies

Financing supplies is a short term (up to 180 days) financing instrument for current assets, applied on supplies of goods…

#interest#interest rate#Nordea


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


New Faktor reports 2003 results

CIB Bank's newly-acquired factoring company, CIB Faktor, announced profits after-tax of HUF230,000 (Ђ915) in 2003 and year-end total assets of…

#bank#funding#smes


Ukreximbank signs loan deal with UBS

Ukraine's state export and import bank Ukreximbank has signed a loan agreement worth CHF50 million (Ђ33m) with Switzerland's UBS AG…


Competition in the factoring market intensifies

The chairman of the board of Nordea Finance Latvia, Maris Skujins, predicts that the factoring portfolio in Latvia could reach…

#exporters#interest#interest rates


Pekao thinks big by targeting smaller sized businesses

Bank Pekao SA has announced plans to increase its operations in servicing the small- and medium-sized enterprise (SME) sector, taking…

#bank#banks


CSOB arm division provides SKK2.5bn in SME loans; expects...

The Slovak arm of CSOB provided loans of SKK2.5 billion (Ђ62m) to small- and medium-sized businesses (SMEs) last year. The…


Banks compete for SME market

The rising demand for loans from small- and medium-sized enterprises (SMEs) has intensified competition among the largest banks, which have…

#bank#banks#economy


FDI inflow rises

Foreign direct investments (FDI) in Bulgaria in the first quarter of 2004 totalled Ђ294.1 million, an increase of 13% compared…

#GDP#investments


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…

Slovak Guarantee and Development Bank to focus on SME...

The Slovak Guarantee and Development Bank (SZRB) will focus on the provision of an indirect form of guarantees with an…

#bank#guarantee#guarantees

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