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Eastern Europe

Bibby Factoring opens in Slovakia

Cash Reform Factoring, a. s. changed its name to Bibby Factoring Slovakia, a. s. in March. (more…)

UNPIR expects rise in bankruptcy among SMEs

There has been a 50 per cent increase in filings for bankruptcy and insolvency in the first year since Romania…


Bulgaria's economy grows more vulnerable, says Coface

French credit insurance agency Coface said Bulgaria's country risk has deteriorated over the last year. (more…)

#financial services#liquidity#payment behaviour


Further EBRD support for Bosnian micro enterprises

The EBRD is providing a new €6 m loan to Mikrokreditna organizacija EKI, the third largest microfinance institution in Bosnia…


Coface Romania business grows 129 pc in 2007

Coface Romania registered 3.3m in turnover last year, increased by 129% compared to the figure registered in 2006, the company…

#3M#debt collection#insurance


EBRD provides US$50m loan to UkrSibbank to open long-term...

JSCIB UkrSibbank, has attracted a US$50m credit line from the European Bank for Reconstruction and Development. (more…)


Coface expects turnover to double in '08

Coface estimates its turnover will double in Romania in 2008, up to 6.5m, according to company representatives. (more…)


EBRD provides loan to Eximbank for SME lending

Eximbank, is receiving a Euro20m EBRD credit to provide private SMEs with medium to long-term loans to finance the modernisation…

#bank#international#International Trade


MKB Bank market leader in factoring

Consolidated after-tax profit of Hungary's MKB Bank dropped 12 per cent HUF16.1bn in 2007. (more…)

#bank


Italy to fund SMEs with Ђ30m

Italy has approved a second 30m loan to Serbia for the development of small enterprises and municipalities. (more…)


Tenders announced for SMEs

The National Development Agency (NFU) announced new tenders worth Ft30.7 bn for micro enterprises and SMEs.   (more…)

#economy#innovation#investments


Board of directors of Factoring Ceskй sporitelny extended by...

Personnel changes took place in Factoring Ceske Sporitelny on 1 February 2008. (more…)

#bank#leasing

Slovak Factoring Association appoint a new director

Lubomir Jenis, head of board of directors and general director of OTP Factoring Slovensko has been elected a director of…

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