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Eastern Europe

Polish factors achieve record turnover

Polish Factors achieved record turnover in 2008 with 75% year-on-year growth over 2007 (more…)

#bank#crisis#exporters

State and banks agree on SME loan guarantees

The state and commercial banks agreed on loan guarantees for small and medium-size enterprises (more…)

#bank#guarantee#guarantees


Government consider EUR1bn SME support package

Establishing a fund worth EUR1bn to support SMEs is one of the main measures being considered by the Finance Ministry to counter…

#bank#guarantee#smes


EIB, KfW to grant Ђ200m loan to HBOR

The European Investment Bank and the German development bank KfW are likely to grant a EUR200m loan to the Croatian…


EBRD loan to Belarusian Bank for small businesses

The EBRD is providing an initial credit facility of US$5m to the Belarusian Bank for Small Business, Belarus's first dedicated…

#bank#international#microfinance


EBRD supports Romanian small businesses

In a response to the severe impact of the global economic slowdown, the EBRD is stepping up its support for SMEs…

#bank#funding#small businesses


Hungary to reallocate EUR973.5m to stabilize SME sector

This morning's cabinet meeting has approved plans to reallocate EUR973.5m  in order to help stabilize Hungary's SME sector (more…)

#conference#crisis#funding


Romanian factors face uncertain future

The factoring market recorded a positive evolution this year, with y-o-y growth of 40%, however the negative influences of the…

#bank#management#recession


EBRD disburses first factoring loan in Ukraine

The EBRD has made its first factoring transaction in the Ukraine (more…)


Postbank, EBRD to give EUR25.57m aid to SMEs

Bulgarian Postbank plans to allocate BGN50m (EUR25.57m) to SMEs as of December 1 (more…)

#bank#interest rate#interest rates


New life-line for business

Bulgarian business is showing increasing interest in the services of factoring companies. (more…)

#banks#crisis#liquidity


Another owner of factoring business is nationalized

Latvian government allowed controol of Parex Banka. (more…)

Serbia receives Ђ910m loan from the EIB for infrastructure...

Serbia secures €910m from the European Investment Bank. (more…)

#bank#investment#smes

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