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Eastern Europe

Raiffeisen opens factoring unit in Bulgaria

Raiffeisenbank has set up a factoring unit in Bulgaria. The factoring company has a capital of one million leva. (more…)

More EBRD funds for micro businesses

More micro and small businesses in more Romanias regions will have access to finance following a EUR2.25 m loan from the EBRD…


Raiffeisenbank adds factoring unit

Raiffeisenbank (Bulgaria) EAD has added a wholly-owned factoring division to its local group of six companies, Dnevnik a.m. reports. (more…)

#leasing#management#Raiffeisen


Factoring KB buys shares in Protos fund

Komercni banka, a.s. (KB) has sold 518 shares of the special fund Protos, uzavreny investicni fond, a.s. to the company…


EBRD strengthens SME funding in Moldova

SMEs will benefit from a new credit line the EBRD is extending to Banca Sociala. (more…)

#Access to Finance#bank#funding


OTP Banka becomes part of OTP Group

OTP has been created consisting of OTP Banka and its subsidiaries OTP Faktoring, OTP Leasing, OTP Garancia, OTP Garancia and OTP…


Compania de Factoring posts rise in H1 turnover

Compania de Factoring posted a rise in turnover in H1. (more…)


Slovak factoring rose 5.5% in H1 2007

The Slovak factoring market rose by 5.5% in H1 2007, compared to a H1 2006 year-on-year increase of 47%, which…

#Clear#non-recourse factoring#receivables


Komercni banka net profit grows to Kc5.29bn in H1

The volume of factoring claims of the firm Factoring KB grew by 17% to Kc2.9bn. (more…)


EBRD’s trade finance programme helps entrepreneurs in Serbia

Importers and exporters in Serbia will have more opportunities to finance their foreign trade business under a 2m trade finance…


EBRD boosts funding for Romanian micro businesses

The EBRD is continuing to support the growth of Romanian micro enterprises and start-up businesses via a new loan for…


Polish Getin Bank plans to launch factoring operation

Polish Getin Bank plans to launch factoring operations in Ukraine. (more…)

#bank

SMEs to get EUR100m from Jeremie programme

The European Investment Fund will finance an account and an office in Romania to manage the EUR100m of the Jeremie…

#economy#financial institutions#guarantee

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