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Eastern Europe

Coface appoints a new general director

Tomas Jurik is the new general director of Coface.  (more…)

#acquisition#international#management

RON100m from budget added to SME sector

The budget of the Ministry for SMEs, Trade, Tourism and Liberal Professions has been increased by 31% for 2008. (more…)

#bank#banks#investment


Support of EUR1.65m for 11 SMEs

Board of Directors of the Development Fund adopted the decision on credit support for 11 SMEs worth EUR1.65m. (more…)


EIB lends EUR40m for SME projects and towns

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 to offer factoring services

Dijbeszedo Holding is expanding beyond the utility sector and is targeting a 50% revenue increase in five years.  (more…)


New appointment at Faktoring Tatra Banky

Lubor Prochazka has been appointed as the new head at Faktoring Tatra Banky. (more…)


Factoring market up at CZK 91bn in Jan-Sept

Factoring companies financed the purchase of claims worth Kc90.6bn in the first nine months, up 20% on a year ago.…


Polish Factoring Association expects 2007 members turnover to rise

The Polish Factoring Association predicts turnover of its financial services member businesses will increase by 35% y/y in 2007.  (more…)


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…)

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