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Eastern Europe

MFB makes first venture capital deal and boosts overseas...

The Hungarian Development Bank Rt (MFB) has made its first investment as part of its new venture capital activity. MFB injected Ft 490 million (Ђ1.8 million) into Kunfehйrtуi Aranykapu Rt as a result of which it purchased 49% of the...

#bank#Boost#i

More opportunities for SMEs

A Salonic Stock Exchange proposal offers greater encouragement to Romanian small- and medium-sized enterprises (SMEs) through a newly signed agreement…


EBRD leads first syndicated loan

Bosnia and Herzegovina received on Wednesday its first syndicated loan, which would introduce international commercial banks to the country’s banking…

#American Express#bank#international


New general director for Bibby Factors Polska

Bibby Factors Polska Sp. zo.o. has announced that effective 1 January 2004 Krzysztof Kuniewicz will take up his appointment as…

#management#poland#WHO


Corporate finance launch international network

Seven independent financial advisory firms operating in nine Central East European countries are scheduled to sign an agreement on forming…


Hausner looks to a stronger zloty to ease budget...

Economy Minister Jerzy Hausner said that next year's budget deficit will be zl. 3 billion lower than expected. He added…

#economy#inflation


Economic shock therapy pays off in new prosperity

Estonia is the economic wunderkind of the accession states. It’s a decade since the Baltic country decided to put itself…

#bank#IMF#Paid


Bank Pekao takes next step in consolidating its leasing...

Bank Pekao has increased the capital of Leasing Fabryczny by zl. 15.7 million (US$4.2m), which now stands at zl. 28.1…


Erste Bank considers bank takeover in southern Poland

Erste Bank is considering a takeover of a Polish bank with a good position in the southern parts of the…

#bank#financial services#poland


October trade deficit soars

The trade deficit soared to US$674.2m in October from September's US$417.6m, as imports grew at a much faster pace than…


Venture capitalists query MFB investment strategy

As the Hungarian Development Bank Rt (MFB) steps up its venture capital activities, fund managers have recently had misgivings about…


EBRD to lend under mortgage projects in Ukraine SMEs...

The European Bank for Reconstruction and Development is going to begin lending under mortgage projects in the Ukraine next year,…

EIB grants EUR 50 million facility to MFB

The European Investment Bank (EIB) has signed an agreement with the state-owned Hungarian Development Bank (MFB) on a Ђ50 million…

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