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The proposed merger reported last month between Kereskedelmi es Hitelbank (a subsidiary of Belgium’s KBC Bank) and Magyar Bank (owned by the Dutch group ABN Amro) was confirmed yesterday. The merger will create the second largest bank group in Hungary,...
#ABN AMRO#bank#banks
A deal was completed today which saw Unicredito Italiano raise its stake in Poland’s Bank Pekao from 50.09 % to…
Rumours are currently circulating that Budapest Bank are planning to withdraw from the Hungarian factoring market. This would leave only…
Two of Poland’s major banks with factoring divisions, Bank Zachodni SA and WBK (Wielkopolski Bank Kredytowy SA) have today announced…
It was announced yesterday that Citibank Poland, which already owns 87.9% of Bank Handlowy w Warszawie, will be buying up…
A bill that would force the central bank to consult with the government and report to the parliament on a…
Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with…
#bank#factoring industry#management
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
Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…
#bank#banks#Two
Key figures from Magyar Annual Report(HUF million) 1999 Total Assets 682,963 Shareholders' Funds 61,369 Profit before taxation 7,170 Capital Adequacy Ratio(BIS, unc.,%) 14.0%
Adossag Borze Kft on Wednesday announced that it will launch an internet debt exchange platform for factoring companies from June.…
Hansa Leasing Increases Factoring Turnover Hanza Lizingas [Hanza Leasing], the leader of Lithuania's factoring market, hopes for further growth in…
#bank#international#international factoring