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Eastern Europe

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 2003, down from SKK131 million in the same period a year earlier, according to figures released by the firm. The...

#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


mdbeg


National report on SMEs under preparation

Representatives of the Serbian Ministry of Economy and Privatisation (SMEP) and the European Commission (EC) talked on Wednesday (9 July)…


Coface gets licence to sell credit insurance in Poland

The Coface group has obtained a licence to deliver insurance products in Poland. It will be opening a domestic and…


Banca Comerciala Romana achieve 180% increase in factoring volume...

Banca Comerciala Romana (BCR), the country’s largest state-owned bank and leader in the Romanian factoring market, recorded in the first…

#bank#international#Unicredit


New finance programmes to aid SMEs announced by the...

The government will supplement the loan programme of its Europe Plan with new programmes to aid small- and medium-sized enterprises…


Government to channel bank reserves money into guarantee funds

The government has initiated a project aimed at helping small- and medium-sized enterprises (SMEs) by revoking income tax on released…

#bank#banks#guarantee


Fortis, Forin factors and BPH PBK in joint credit...

The well-known juice producer Hortex has obtained credit totalling ZL85 million. The creditors are BPH PBK, Fortis Bank and factoring…

Credit insurance in Poland – world's largest players enter

The European giants of merchant credit insurance, Coface and Gerling NCM, are increasingly interested in the Polish market. Coface plans…

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