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The Czech National Bank (CNB) bank board took the markets by surprise, raising interest rates by 0.25 percentage points. The repo rate now stands at 2.25 %, the discount rate at 1.25 %, and the Lombard rate at 3.25 %....
#bank#banks#inflation
The privatisation of the largest domestic bank in Poland, PKO BP, might be delayed, but despite this, the fight to…
#bank#management#poland
Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more…
The European Investment Bank (EIB) has provided a Ђ30 million global loan to K&H Bank to finance small- and medium-sized…
#bank#banks#funding
HVB Bank Hungary will expand its network to 100 branches at a cost of HUF10bn (Ђ39.5m), CEO Matthias Kunsch announced…
Citibank Handlowy is looking to tap into the lucrative small- and medium-sized enterprise (SME) market with a new product targeted…
#Access to Finance#acquisition#bank
The Bulgarian Foreign Investment Agency (BFIA) has forecast that foreign direct investments (FDI) volume will rise from US$1,600m to more…
#GDP#investment#investments
The European Investment Bank will lend Ђ30 million to Vereinsbank Riga to finance SME infrastructure projects. According to Thomas Schuetze,…
The European Investment Bank (EIB) and Serbia-Montenegro signed an agreement at the National Bank of Serbia (NBS) for a Ђ45…
#bank#international#investment
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
Financing supplies is a short term (up to 180 days) financing instrument for current assets, applied on supplies of goods…
#interest#interest rate#Nordea
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
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