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The process was formally finalized for entry of Delcredere SA and SACE BT SpA into KUP as a part-owner and strategic partner of EGAP. (more…)
#3M#Commercial Credit#guarantee
UniCredit Bank signed a EUR30m credit agreement with the EIB for finance SME loans and local government. (more…)
#bank#investment#SME loans
Bankruptcy numbers will decrease slightly to an estimated 1,250 cases this year but should remain unchanged in 2008. (more…)
#bankruptcy#economy#insolvency
MKB Romexterra Bank is targeting a 3.8% SME market share and has signed a collaboration partnership with the Ministry for SMEs, Trade, Tourism,…
#bank#international#SME financing
Factoring Ceske has introduced a new service that enables clients to speed up the financing of assigned receivables and decreases the admin…
#assignment#digital#receivables
Tomas Jurik is the new general director of Coface. (more…)
#acquisition#international#management
The budget of the Ministry for SMEs, Trade, Tourism and Liberal Professions has been increased by 31% for 2008. (more…)
#bank#banks#investment
Board of Directors of the Development Fund adopted the decision on credit support for 11 SMEs worth EUR1.65m. (more…)
The European Investment Bank is lending EUR40m to Hrvatska Banka za Obnovu I Razvitak to finance indirectly the smaller projects of SMEs…
#bank#banks#i
Dijbeszedo Holding is expanding beyond the utility sector and is targeting a 50% revenue increase in five years. (more…)
Lubor Prochazka has been appointed as the new head at Faktoring Tatra Banky. (more…)
Factoring companies financed the purchase of claims worth Kc90.6bn in the first nine months, up 20% on a year ago.…
The Polish Factoring Association predicts turnover of its financial services member businesses will increase by 35% y/y in 2007. (more…)