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Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more supporters. Turnover of the six companies joined in the Association of Factoring Companies of Slovakia (AFS) increased by one fifth...
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
Ukraine's state export and import bank Ukreximbank has signed a loan agreement worth CHF50 million (Ђ33m) with Switzerland's UBS AG…
The chairman of the board of Nordea Finance Latvia, Maris Skujins, predicts that the factoring portfolio in Latvia could reach…
#exporters#interest#interest rates