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Eastern Europe

Hansabank to buy Lithuania’s Second Largest Bank

Hansabank, owner of the largest factors in the Baltic states, Hansa Leasing, yesterday strengthened their pan-Baltic network by signing a deal to buy Lithuania’s second largest bank, Lietuvos Taupomasis Bankas (LTB). LTB owns the Lithuanian factors LTB Lizingas. The Lithuanian...

#bank#leasing

Enskilda of Sweden Increases its Shareholding in Polish Bank...

The Swedish-based bank Skandinaviska Enskilda Banken (SEB) has increased its shareholding in the Bank Ochrony Srodowiska (BOS) by 6% to…


Share Purchase Will not Impact on Hansa Leasing

An unspecified American fund has acquired 315,000 shares in Hansabank, the parent of Estonia’s largest factoring company, Hansa Leasing. The…


Players Line Up in Contest to Win Komercni Banka

The Czech Republic’s third largest banking group, Komercni Banka is poised for privatisation and big players across Europe are lining…


Italy’s UniCredito to bid for Komercni Banka of the...

UniCredito Italiano SpA, the Italian banking group, is to bid for the Czech Republic’s third largest bank, Komercni Banka (KB)…

#bank#poland


KBC and ABN Merger Goes Ahead

The proposed merger reported last month between Kereskedelmi es Hitelbank (a subsidiary of Belgium’s KBC Bank) and Magyar Bank (owned…

#ABN AMRO#bank#banks


Unicredito and Allianz Increase Shareholdings in Bank Pekao

A deal was completed today which saw Unicredito Italiano raise its stake in Poland’s Bank Pekao from 50.09 % to…


Rumours of Changes Amongst Industry Players Persist

Rumours are currently circulating that Budapest Bank are planning to withdraw from the Hungarian factoring market. This would leave only…


Merger of Bank Zachodni and WBK Announced

Two of Poland’s major banks with factoring divisions, Bank Zachodni SA and WBK (Wielkopolski Bank Kredytowy SA) have today announced…


Citibank Completes Acquisition of Bank Handlowy w Warszawie

It was announced yesterday that Citibank Poland, which already owns 87.9% of Bank Handlowy w Warszawie, will be buying up…


Opportunity Knocked for Regulation of Czech Factoring

A bill that would force the central bank to consult with the government and report to the parliament on a…


Konsolidacni Banka Cancels Agreement with U.S. Ayres Corp

Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with…

#bank#factoring industry#management

BCP trumps Deutsche Bank struggle for BIG

After a year long struggle for control over Poland’s BIG Bank Gdanski, Banco Comercial Portugues (BCP) has succeeded in taking…

#bank#Deutsche Bank#poland

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