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Eastern Europe

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 a lead from the largest domestic bank PKO BP. In addition, Bank Handlowy (BH) also hopes to double its share...

#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


National Bank of Slovakia report on Q1 lending rates

The average interest rate on bank loans drawn in Slovakia decreased by 0.04 percentage points to 7.51 per cent from…

#bank#interest#interest rate


Exim Bank supports exports worth Skk 54.6 bn in...

The Export and Import Bank of the Slovak Republic (Exim Bank) reported a net profit of Skk95.7m in 2003. It…


EBRD publishes its strategy for Poland

The European Bank for Reconstruction and Development (EBRD) economic report gives Poland high marks, but warns there is still much…

#bank#economy#investment


Upturn in foreign direct investment

Foreign direct investment (FDI) in central and eastern Europe should top Ђ20bn in 2004 and 2005, according to Bank Austria…


Acquisition of factor announced

The CIB group has bought the factoring firm Aginvest-Faktor Rt, Hungary’s second largest factor. CIB Group’s commercial finance units, CIB…

#acquisition#bank#commercial finance


Overall leasing portfolio tops LTL 3bn

The aggregate portfolio of the members of the Lithuanian Leasing Association stood at LTL 3.028 billion in April. Since the…

#leasing

FDI growth in Ukraine slows in Q1

Growth in foreign direct investment (FDI) in the Ukrainian economy in the first quarter 2004 amounted to $216.3 million, which…

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