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Eastern Europe

BRD to get Ђ30m EIB loan

The EIB approved a €30m credit for BRD Groupe Societe Generale, with the funds intended for financing SMEs and municipalities. (more…)

UniCredit predicts factoring turnover of BGN500m in 2007

UniCredit Factoring expects that its capital would grow over BGN 500m by the end of 2007. (more…)

#funding#invoice#Unicredit


Eximbank launches new export product

Eximbank has launched a subsidized interest financing product of up to €1.5m that will last up to five years.  (more…)

#bank#interest#investment


Serbia gets ''C'' in investment risk assessment – Coface

Coface gave Serbia the ''C'' mark and said the efforts of the state are visible in the restructuring of the social sector and privatisation…


EBRD lends US$20m to Megabank

The European Bank for Reconstruction and Development is providing a US$20m loan to Kharkiv based Megabank. (more…)


Hitelgarancia raises guarantee limit from SMEs

Hitelgarancia has increased its per-contract limit for SME guarantees to HUF 2.5bn. (more…)

#guarantee#guarantees#smes


Romanian companies face increase in bankruptcies

According to Coface the number of bankruptcies in Romania grew to 7,500 this year. (more…)

#Commercial Credit#insurance#management


EBRD lends Piraeus Bulgaria Ђ35m

EBRD have announced it would lend the Bulgarian arm of Greek banking group Piraeus €35m under four credit lines. (more…)


Fitch rates Export-Import Insurance Co B

Fitch Ratings has assigned state owned Export-Import Insurance Company of the Republic of Belarus a financial strength rating of B,…


Eurofaktor launches debt collection business

Eurofaktor, the first factoring firm to have been floated on the WSE in 2004, is abandoning its core activity for…

#debt collection#insolvency#Paid


Investbanka to invest EUR3.5m in new local units

Commercial bank Investbanka will invest EUR3.5 m to open a branch in each town of over 20,000 residents in the…

#bank#banking services#banks


SMEs to get further funds for upgrading and revamping

The amount allotted to SME for investments, upgrading and revamping purposes, was increased by RON 35m. (more…)

IFG International Factoring Foundation Course

This course takes place from 23-26 October 2007 for middle and senior managers on all strategic and operational aspects of…

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