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More expensive credits and companies limited access to banking loans will lead to a 30% advance of the factoring market in Romania (more…)
The EBRD is continuing its successful cooperation with Societe Generale Expressbank by extending another EUR5m for on-lending to MSMEs (more…)
#bank#European Commission#funding
At the round table organized by the BCCI, entrepreneurs proposed setting up a factoring company as a subsidiary of the Bulgarian…
Czech factoring market turnover reached CZK103.5bn (EUR4.2bn) in January-September of this year (more…)
Sentiment at both big Hungarian companies and SMEs sharply worsened in October the latest measure of confidence by Ecostat reveals. (more…)
#banks#crisis#smes
In the current crisis one may think an upsurge might be expected in the growing Hungarian factoring sector: That is…
#bank#crisis#DZ Bank
Bulgaria s Development Bank is expected to launch operations in mid-2009, said energy minister Petar Dimitrov. (more…)
Finance minister Janos Veres has announced that the government will soon launch the Capital Union Program aimed at helping SMEs…
#crisis#smes
The EBRD is extending another EUR10m loan to Mikrokreditna Fondacija Partner, a leading microfinance institution in Bosnia and Herzegovina (more…)
#bank#management#risk management
The Polish market has seen 319 cases of companies' insolvencies over the last three quarters, according to a report on…
Latvian business confidence fell to the lowest ever in the third quarter as the economy entered a recession (more…)
Interest in factoring services has increased according to the Q3 2008 results of Factoring Ceské Sporitelny. (more…)
#interest#non-recourse factoring#receivables
Hilton-Baird Polska has become the first non-factoring business to be accepted into the Polish equivalent of the Asset Based Finance…