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Eastern Europe

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 Real. (more…)

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


BRDA head says European funds inadequate for SMEs

European funds alloted to SMEs to access consulting services are regarded as insufficient by  the Bucharest Regional Development Agency. (more…)


CSOB Leasing ups business in H1

CSOB Leasing announced a rise in its volume of leasing by 15% year-on-year in the first half of 2007. (more…)

#bank#interest#KBC


EIB provides euro 50m loan to CIB for SME...

Central-European International Bank has announced that the European Investment Bank will grant it a euro 50m long-term line of credit to help…


Factoring market up 17 per cent in H1

The Czech factoring market rose by 17 per cent year-on-year to nearly Kc60bn at the end of June, according to…

#import factoring

EU opens in-depth probe into Hungarian export-credit scheme

The European Commission said it has opened an in-depth probe into a planned scheme providing export credit guarantees to Hungarian SMEs…

#bank#guarantee#guarantees

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