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Eastern Europe

The EU allots RON40m to SMEs

SMEs are being encouraged to table applications for the RON40m funds made available by the EU. (more…)

ProCredit Bank to on-lend euro 9.4 million to SMEs

ProCredit Bank said it will disburse a resource of euro 9.4 million among SME investment projects in Bulgaria's urban and rural…

#bank#Commerzbank#interest rate


CNH launches equipment finance programme with De Lage Landen

CNH Financial Services announces that it has entered a private label programme with De Lage Landen Leasing Polska SA, in…


Factoring Ceskй sporitelny revenues grew by a third in...

Last year, Factoring Ceské sporitelny crossed the CZK30bn threshold, in revenue from receivables, and defended its position as the leader…

#assignment of receivables#bank#exporters


Credit insurance revenues up 55% in Romania

Revenues at insurance companies in Romania, from credit insurance policies, reached 112.3 million euros (396 million RON) last year, registering…


EIB to grant CIB EUR50m loan to finance SME's...

Central-European International Bank Ltd (CIB), has announced that the European Investment Bank (EIB) will grant it a EUR 50 million…


SocGen's Romanian unit H1 factoring operations value up 157%

The Romanian Development Bank (BRD) performed factoring operations worth 700 million Romanian lei ($305 million/224 milion euro) in the first…

#assignment#bank#management


HUF 200bn in EU funding for Hungarian SMEs

Minister of Economy and Transportation Janos Koka said that Hungary will have access to HUF 1,500bn (EUR 5.92bn) in EU…

#funding#GDP#liquidity


Polish factoring firm GF Premium drops 4.3% on Warsaw...

Allotment certificates for shares in the Polish factoring company GF Premium dropped 4.3% to PLN 26.8 on its Warsaw Stock…

#acquisition#Two


Bulgarian factoring market to grow 40% annually

The factoring market in Central and Eastern Europe is growing 20% to 40% per year. (more…)

#Unicredit#Unicredit Factoring


CSOB Factoring marks a decade and a half

Business finance firm CSOB Factoring celebrated its 15th anniversary in the market on May 31. (more…)


Construction industry factoring boom

As Slovakia goes through a building boom, so construction companies inevitably have to change the way they finance themselves. Factoring is one…

Bankruptcy wave in the construction industry

The Hungarian construction industry is facing a steep downturn after the large boom of 2001-2005 created by the government  housing…

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