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Eastern Europe

New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing line worth ROL1000 billion on 13 August 2003. The BCR financing line for Romanian SMEs is valid for the next...

#Paid#smes#WHO

Forced administration on Union pojistovna insurer, Prague

The Finance Ministry imposed forced administration on the Union pojistovna (UP) insurer in order to protect clients' interests. Union pojistovna,…


Non-reimbursable loans for SMEs in the second phase of...

The second appeal for recommendations of projects within the non-reimbursable financing plan for small- and medium-size enterprises (SMEs) was launched…

#European Commission#Jobs#smes


KUKE negotiates increased guarantee limits

The Export Credit Insurance Corporation (KUKE), a joint stock company, wants to increase the guarantees limit on behalf of the…


Slovak business confidence down in July

Businesses confidence in Slovakia’s economy dropped in July, when the business confidence index fell 2 points from +8 points in…

#economy


Central Bank increases by 1% the rate of intervention...

Romania’s Central Bank (BNR) decided to increase by 1% - to 19.25 from 18.25 - BNR’s rate of the intervention…

#bank#banks#guarantee


National Bank to keep discount rate at 7% in...

Arsen Yatsenyuk, first deputy chairman announced that The National Bank of Ukraine (NBU) plans to leave its discount rate at…

#bank#inflation


Central bank’s surprise interest rate cut

The Czech National Bank (CNB) surprised the market with another 25 bp rate cut. The CNB's board decided to cut…


First half profit of SKK8.9 million for OB Heller...

The Slovak arm of the Czech bank CSOB showed a profit of SKK122 million in the first six months of…

#bank#leasing


SME confidence plunges in July – Top-100 latest report

Small- and medium-size enterprise (SME) confidence was down on the month according to the latest business confidence report of research…


Banca Comerciala Romana named Best Romanian Bank 2002

The Romanian Commercial Bank (BCR) has been named "Best Romanian Bank" for 2002, by UK financial magazine Euromoney. The bank…

#bank


Prvi Faktor, a new name for LB Factors

LB Factors, factoring druћba, d.o.o. has changed its name to PRVI FAKTOR, faktoring druћba, d.o.o (meaning first factor) after Slovenska…

#AR#i#invoice

Government study says SMEs must get act together on...

Hungary is mostly ready for membership of the European Union (EU) in May next year, but government bureaucracy and a…

#conference#small businesses#smes

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