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Eastern Europe

Banca Transilvania injects capital into factoring arm

Romania's fifth lender by assets Banca Transilvania injected funds to increase the share capital of Compania de Factoring IFN (more…)

#investments#leasing

EIB increases its support to SME projects

The European Investment Bank is provide support to small and medium-sized enterprises in Romania (more…)


Sentiment at SMEs stagnates

Ecostat's SME confidence index has remained unchanged from the previous month at 61.9% in June (more…)

#economy#funding#smes


IFC helps expand access to SME finance

IFC, a member of the World Bank Group, today said it will provide aloan to NLB Montenegrobanka that will enable…

#bank#confirming#international


Factoring in the Czech Republic

Tomas Moravek, General Manager for CSOB Factoring in the Czech Republic, talks to Factorscan about how the Czech economy and…

#guarantees#international#International Trade


EBRD considering 20 million euro loan to local SMEs

The EBRD is considering a senior loan of up to 20 million in two tranches to MAIB to be on-lent…


Factoring faces potential crisis

The Bulgarian factoring market experienced a slowing in growth with companies extending deferred payment periods as the global financial and…


Latvian Government initiates support for factoring clients

Through its Finance and Economy Ministries, Latvia has become the latest government to support businesses, with a programme worth LVL 120…

#bank#exporters#guarantees


EIB launches Serbia financial aid deal

The European Investment Bank has launched a programme for 2009 in Serbia aimed at combating the financial crisis (more…)

#bank#banks#European Commission


Kvantum Faktor receives 80% state loan guarantee

The government will provide a state guarantee for 80% of the principal amount of a HUF 6 billion loan to…

#banks#guarantee#smes


Factoring declined to 2006 levels

Activity in the Latvian factoring market has shrunk to its 2006 level, while leasing has fallen to 2004 levels, according…


Czech factoring market retracts

Czech factoring companies belong to a sector which has been hit hard by the financial crisis and only 7 out…

#bank#banks#financial services

NIB loan aims to revitalise SME sector

The Nordic Investment Bank and the Latvian state-owned Latvijas Hipoteku un zemes banka have signed a new agreement for a…

#bank#financial institution#recession

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