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Poland’s listed BRE Bank wants to purchase 50 percent of Hungary’s Magyar Factor Rt., worth HUF550m, or ZL9m. BRE already owns over 51 percent in Austria’s Intermarket Bank, which has a 50-percent share on the local factoring market. BRE’s Polish...
The Management Board of BIG Bank GDANSKI S.A. ("the Bank") announced that on 29 August 2002, FORIN Sp. z o.o.…
#bank#factoring contract#management
Economy Minister Jacek Piechota has announced details of his plans for supporting small and medium-sized businesses, with some ZL1.5-2bn in…
BA-Creditanstalt-Leasing Poland, a financial leasing services company is to merge with Bankowe Towarzystwo Leasingowe SA, a leasing services company and…
Factoring turnover for Bulgaria in 2001 recorded an increase of about 20% and reached a volume of € 96,000,000. The…
Moody's Investors Service upgraded to A2 from Baa1 the senior unsecured debt ratings of AS Hansapank. The deposit ratings of…
It was announced this week that Latvia’s third largest bank, Hansabanka, has received permission from the Finance and Capital Market…
It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…
#bank#banks#BCR Publishing
It has been reported that the Romanian government plans to sell a 51% stake in Banca Comerciala Romana in 2002.…
Demirbank Bulgaria has been bought by a Turkish consortium consisting of the former owner of the bankrupt Turkish bank, Halit…
A 62.5% stake in Demirbank Romania, the company which, according to figures submitted to Factors Chain International for the year…
Slovak state-owned bank Konsolidacna banka Bratislava (KBB) will be taken over by state-owned factoring agency Slovenska Konsolidacna (SKo) before 31…
#bank#guarantee#liquidity
The Czech state-run factoring bank, Konsolidacni Banka, has announced a first quarter loss of 933million koruna which compares with a…