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Ceskoslovenska Obchodni Banka (CSOB) and its subsidiary CSOB Leasing have received a loan of Ђ50m (CZK 1.6 bn) from the European Investment Bank to fund investment in Czech small- and medium- sized businesses (SMEs). CSOB plans to use the money...
#bank#investment#leasing
Belgian KBC Insurance raised its stake in Polish insurer Warta from 40.03% to 51.03%. The increase in the shareholding fits…
#bank#insurance#KBC
Romania jumped from below the top 25 to become the 17th most attractive market for European investors according to an…
#acquisition#emerging markets#management
Next year will see a cut in the corporate income tax (CIT) from 27 per cent to 19 per cent,…
#bank#CIT#insolvency
The Czech Republic is on target to attract foreign direct investment (FDI) amounting to some US$4 billion (CZK 110 billion)…
The World Bank will lend Ukraine $30 million for the first stage of its private sector development program in the…
#bank#World Bank
An amendment passed by the Czech parliament will cut corporate income tax from 31 % to 24 % by the…
#Bill
The Czech business environment is increasingly confusing, corruption among government clerks is growing and the work of the courts is…
#bank#banks#guarantees
The National Bank of Hungary (MNB) raised the base rate, which is equal to the key two-week depo rate, by…
Government representatives announced last week that intense negotiations were under way with all the major Czech banks to provide low-cost…
#banks#Clear#funding
Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released…
#bank#banks#Boost
After years of focusing on less profitable corporate clientele, small- and medium sized enterprises (SMEs) are now all the rage…
Deputy chairman in charge of international markets at Export Development Canada (EDC) Henri Souquieres, head of the Central Europe department…
#exports#international#management