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Eastern Europe

SME confidence drops in January

Confidence among Hungary's SMEs took a dive in January, announced Ecostat. (more…)

SocGen's Romanian unit 2007 factoring operations up 151pc

Romanian Development Bank, BRD, on Thursday reported a 151% rise in the value of its factoring operations. (more…)


Profi Credit enters local market on Feb 5

Profi Credit IFN SA, a member of the Czech financial group Profireal Group, set the official date to launch its…

#bank#poland#trade


Coface Romania targets turnover of EUR 500m in 2008

Coface Romania, local division of French insurance group, Coface, granted 140m in loan insurance in the first eight months of…

#insurance#risk


SME confidence slips in Q4 after improving for a...

Sentiment among Hungarian SMEs) deteriorated in Q4 2007 after improving for a year. (more…)


Factoring market rose again in 2007

The factoring market represented by the Association of Factoring Companies recorded a growth of total turnover by almost Czk15bn and…


Polish Factoring Association members up turnover 37% y/y in...

Poland's 11 top factoring companies reported turnover up 37% year-on-year (y/y) to PLN 18.8bn in 2007. (more…)

#Banca IFIS#bank#conference


Company bankruptcies continue to fall – Coface Poland

In 2007, 447 companies went bankrupt in Poland, a 22% drop on 2006. (more…)

#bank#bankruptcy#insolvency


Number of insolvent companies up a quarter in 2007

The number of insolvent companies in Hungary rose 24 per cent in 2007. (more…)

#insolvency#insurance#security


A new bank in Slovakia

Since 1 January 2008 a new bank is active in Slovakia – Ceskoslovenská obchodná banka, a. s. (CSOB). (more…)

#bank#insurance#KBC


Global Report: Factoring in Slovenia 2007/2008

Ernest Ribic, General Manager from PRVI FAKTOR D.O.O. gives the overview of factoring in Slovenia for the forthcoming year. (more…)


Comarch has signed two contracts – at Getin Bank...

Comarch has signed two further contracts - at Getin Bank SA and BGZ SA - to implement Comarch Factoring. (more…)

Coface announces the signature of a partnership agreement in...

The French global player Coface and the Hungarian Export Credit Agency MEHIB  have concluded a co-operation agreement for the Hungarian…

#debt collection#exporters#international

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