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Eastern Europe

Factoring Ceskй sporitelny confirm market leadership in 1H 2008

Net factoring volume of Factoring Ceské sporitelny rose year-on-year by 28 per cent to Czk16bn (EUR670m). (more…)

EBRD intensifies support for Bulgarian SMEs

The European Bank for Reconstruction and Development (EBRD) is providing a EUR25m credit line to Postbank for on-lending to Bulgarian…


VUB Factoring announces success in H1 2008

VUB Factoring announces 31 percent increase in volume of refinanced receivables. (more…)

#leadership#receivables


Eximbank Romania opens second unit in Buzau

Eximbank Romania will open its second unit in the southeastern city of Buzau, the bank said. (more…)

#bank#exporters#exports


Number of insolvencies jumps in first half of 2008

The number of insolvent firms in Hungary grew by 13% in the first six months of 2008, compared to the…

#bankruptcy#economy#insolvencies


Three-quarters of companies record payment problems

According to a payment discipline survey, conducted by the Atradius insurance company, three-quarters of companies have experienced problems with receiving…

#Atradius#insurance#poland


FIBank gets Ђ10m loan to support SMEs

First Investment Bank (FIBank) has received a 10m five-year loan from German Investment Bank KfW. (more…)


Latest review of Ukrainian factoring market

The economic situation in Ukraine in 2007 was positive: It recorded a growth rate of 9.0% in 2006, 11.5% in 2007 and a…

#bank#exports#interest rates


Czech Factoring market up 17%

The Czech factoring market turnover reached Kc70bn (EUR 3.1bn) in H1 this year, nearly 17 percent more compared with the…


Polish factoring market up by 81.6% in 1H 2008

According to Polish Factors Association data, published early this month, the Polish factoring market grew by a record 81% in…

#factoring industry#i#poland


Guarantee bank raises profit

Czech guarantee and development bank Ceskomoravská zárucní a rozvojová banka (CMZRB) gained a net profit of Kc795m (EUR33.85m) last year,…

#bank#guarantee#smes


Ecostat business confidence index slips in Q2

Ecostat's TOP-100 index for sentiment at Hungary's biggest hundred companies fell to 84.6 per cent in Q2 from 90.2 per…

#Boost#smes#Two

EIB extends Ђ60 M loan to SMEs

The European Investment Bank (EIB) has extended a 60 m loan to Croatian Reconstruction and Development Bank (HBOR), for the…

#bank#investment#smes

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