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Fortis Bank, in co-operation with the European Bank for Reconstruction and Development (EBRD), will launch a programme aimed at helping small and medium-sized enterprises (SMEs). Many companies today go bankrupt not because they incur losses, but because of cash flow...
Economy Minister Jacek Piechota has announced that a second legislative package will be issued this year to promote small and…
Some 36,000 companies have reported their intention to book bad debts totalling ZL5.7bn as costs in order to reduce their…
#bad debts#Bill#receivables
The aggregate leasing and factoring portfolio of members of the Latvian Leasing Provider Association (LLPA) reached 259.5 million lats in…
The Economy Ministry is preparing to launch a new program of initiatives designed to support small and medium sized enterprises…
#economy#GDP#poland
In November, the Eurofaktor factoring company will increase its capital to ZL30m, with new stock to be taken over by…
Poland’s listed BRE Bank wants to purchase 50 percent of Hungary’s Magyar Factor Rt., worth HUF550m, or ZL9m. BRE already…
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…