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Eastern Europe

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 by financing the full business cycle. (more…)

#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…)


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

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