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Eastern Europe

More SMEs to benefit from EBRD loans

The EBRD is extending another EUR10m loan to Mikrokreditna Fondacija Partner, a leading microfinance institution in Bosnia and Herzegovina (more…)

#bank#management#risk management

319 bankruptcies in last three quarters

The Polish market has seen 319 cases of companies' insolvencies over the last three quarters, according to a report on…


Latvian business confidence hits record low

Latvian business confidence fell to the lowest ever in the third quarter as the economy entered a recession (more…)


Interest in factoring services increases

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 becomes first non-factoring business accepted into PZF

Hilton-Baird Polska has become the first non-factoring business to be accepted into the Polish equivalent of the Asset Based Finance…


Capital increases of EUR320m in financial sector in 7...

Financial sector companies increased their capital by more than EUR320m in the first seven months of the year, according to…


Czech factoring market driven by double digit growth

The Czech factoring association has published statistical data about factoring market development for H1 2008 (more…)

#receivables


Government announce program to support SMEs

Hungary s Minister for National Development and Economy has announced a program to help SMEs and spur growth (more…)

#bank#banks#guarantees


Lithuania, EIF sign holding fund agreement under EC's SME...

The European Investment Fund and the Lithuanian Ministry of Economy and Ministry of Finance have signed a funding agreement under…

#bank#EIF#guarantees


Serbia plans Ђ250m investments in SMEs in 2009

The Agency for Development of Small and Medium Enterprises and Entrepreneurship and Ministry of Economy and Regional Development has announced…

#economy#investments#smes


Number of companies with solvency problems up 42pc

The number of companies with solvency problems has grown 42 percent since the same period last year according to Krediidiinfo's…


TK Bank granted banking license

The National Bank of Belarus has registered and issued a banking license to Bank Torgovy Kapital ( TK Bank), a…

Hansa Lizingas factoring portfolio hits record high

Hansa Lizingas reported that at the beginning of August its factoring portfolio reached a record sum of 1bn litas (EUR290m).…

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