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Eastern Europe

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


Euro 4m to help Bosnian micro enterprises

The EBRD is lending Mikrokreditna Organizacija Prizma, one of the most successful microfinance institutions in Bosnia and Herzegovina (BiH), €4m.…

#bank#international#management


EBRD expands number of bank participants in Belarus small...

According to EBRD, the European Bank for Reconstruction and Development has provided loans to two more private Belarusian banks.   (more…)


Afaktor to open subsidiary in Belgrade

Abanka Vipa, Slovenia's third-largest bank, is to end 2007 total assets of nearly 3.5bn, which is a 20% rise on…

#bank#investment#leasing


BCR launches new products for SMEs

Banca Comerciala Romana (BCR) launched three new products for SMEs with an annual turnover of €1.8m. (more…)


Only 14% of SMEs take out loans from local...

Only 14% of SMEs have taken out a bank loan, said First Deputy Governor of the Central Bank, Florin Georgescu.…


Change of head of board of directors at Factoring...

A new head of board of directors was elected at Factoring Slovenskej Sporitelne. (more…)


Raiffeisen Bank offers promotional credits for SMEs

Raiffeisen Bank has launched a three months with no installments promotion designed for SMEs.   (more…)

#bank#financial services#Raiffeisen

SME confidence slips in November

Confidence at Hungary's SMEs deteriorated in November compared to October. (more…)

#bank#economy#inflation

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