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Eastern Europe

Experian opens international operations centre in Bulgaria

Experian, the global information services company, has announced that it has opened a new international operations centre in Sofia, Bulgaria. (more…)

Citi Handlowy launches new credit scheme for SMEs

Citi Handlowy has launched its new CitiBusiness na Start, a special credit facility for SMEs. (more…)


Emporiki Bank plans expansion

Emporiki Bank Bulgaria plans to double its network to 40 branches and four business centres targeting  SMEs, and to raise…

#bank#Credit Agricole#international


Financial support for SMEs begins

State Secretary of the Serbian Ministry of Economy and Regional Development announced that the first instalment of one-off funds to…

#economy#exports#smes


Factoring Slovenskej Sporitelne lose leading position

Factoring Slovenskej Sporitelne lost its leading position in the Slovak factoring market in favour of VUB Factoring. (more…)


Taking a holistic approach to financing growth

Kulli Paap, Head of Trade Finance at Sampo Pank in Estonia looks how banks can mitigate a client's business risk…

#bank#payment terms#receivables


Debt recovery market to increase by 50% in 2008

The local debt collection market will increase by some 50 per cent in 2008. (more…)

#crisis#debt collection#economy


Further EBRD support for Bosnia and Herzegovina micro enterprises

The EBRD is providing a new 3m loan to Mikrokreditna organizacija SUNRISE. (more…)

#bank#management#risk management


EBRD to spend EURO250m for SMEs

EBRD looks set to start a 250m credit line for the Western Balkans. (more…)

#bank#banks#financial institutions


Factoring market up 17pc in Q1 2008

Czech factoring companies financed purchases of claims worth Kc32.8bn in the first quarter of 2008. (more…)


Commission prohibits Hungarian export-credit guarantee scheme

The European Commission ruled a planned scheme for providing short-term export credit guarantees to Hungarian exporting SMEs and their foreign clients…

#bank#exporters#exports


Polish factoring market up by 70% in January to...

According to Polish Factors Association data, published early this month, the Polish factoring market grew by a record 70% in…

#bank#commercial finance#financial services

Association of factoring companies publish statistical data for 2007

The Czech Factoring Association have published statistical data on factoring developments in 2007. (more…)

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