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Eastern Europe

EBRD and Raiffeisen extend funding to rural businesses

Raiffeisenbank and the EBRD have signed a second EUR 10 million Credit Line to be used to promote the financing of projects in Bulgaria. (more…)

SMEs and their lenders to be main beneficiaries of...

Several Romanian banks are in negotiations with the EIB to access loans intended for the country's ailing SME sector. (more…)

#bank#financial institution#international


EBRD to invest a billion euros

The EBRD has announced an increase in funding with a particular focus upon Romanian SMEs access to capital. (more…)


Polish banks receive World Bank loans to extend to...

Polish bank PKO BP to borrow $500 million from the World Bank. (more…)

#bank#banks#ING


Factors fall outside the regulatory dragnet

Act on Credit Institutions tightens controls over non-bank financing companies. (more…)

#bank#banks#non-bank financing


SME budget halved

Despite previous government funding promises, Romanian SMEs are facing slashed funding this year.   (more…)

#conference#funding#GDP


Czech factoring market – article from World Factoring Yearbook...

Tomas Moravek, Chairman of the Board and General Manager, CSOB Factoring, a.s. (more…)

#bank#exporters#exports


National SME Council highlights issues faced by business

More difficultty in access financing, lower exports and lower demand in the local market are just some of the effects…


President Basescu tells businesses to turn to the banks

The Romanian President expressed his confidence in the country's banking system and is encouraging local business to turn to banks…

#bank#banks#crisis


Action plan for SMEs adopted

Serbian SME strategy looks to improve access to sources of funding and strengthen the financial and legal framework. (more…)


Government extends loan guarantees

Romanian government approves loan guarantee extension as the needs of SMEs expand (more…)


Factoring buoyant

The crisis has been a period of opportunity for the Bulgarian factoring market. (more…)

#crisis#financial services#risk

Budapest unveils capital loans for SMEs

Budapest unveils government initiative to make subsidised working-capital loans available to SMEs. (more…)

#bank#Raiffeisen#smes

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