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Eastern Europe

EBRD strengthens SME funding in Romania

Small and medium sized enterprises SMEs in Romania will benefit from a new 10m credit line. (more…)

#bank#international#SME financing

Export insurance slowly gains ground with medium-sized companies

The significance of export insurance has been on the increase. (more…)

#bank#exporters#interest rates


Factoring Ceskй sporitelny reported turnover over CZK2bn for October

Factoring Ceské sporitelny reported a turnover from the assigned receivables and other supplementary products of CZK3,1bn. (more…)


Compania de Factoring to double turnover in 2008

The Romanian factoring market is expected to maintain a growth pace of around 40% in the coming years. (more…)


SME confidence inches up in October

Sentiment for Hungarian SMEs improved a fraction in October compared to September. (more…)

#economy#inflation#smes


Pivdenny Bank gets loan of US$30m for SME financing

Pivdenny Bank has received a syndicated loan for US$30m at LIBOR+2.4% annually. (more…)

#bank#banks#LIBOR


Cisco sets up Euros 30m venture capital fund for...

US network equipment maker Cisco Systems and venture capital company 3TS Capital Partners are setting up a 30m venture capital…

#investments#smes#Two


Coface posts Euro 600,000 turnover in commercial credit insurance

In the first six months of activity, the insurer of French group Coface obtained 600,000 from commercial credit insurance activities.…


Euler Hermes Hungarian Credit Insurance management changes

Euler Hermes Hungarian Credit Insurance Zrt has announced management changes. (more…)

#Allianz#bank#credit risk


Comarch seizes the factoring market

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

#bank#Comarch#financial institutions


EFG Eurobank concludes merger of units

Greek banking group EFG Eurobank Ergasias said on Tuesday it concluded the merger of its two Bulgarian units. (more…)


Microsoft eases SME access to EU Funding

Microsoft presented its European Union Grants Advisor programme in Varna aimed at informing SMEs of the opportunities to apply for EU…

Agriculture tops bankruptcy list

A recent survey of Kofas Bulgaria reveals that bankruptcy rates have been most buoyant in the agriculture and forestry sector…

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