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Eastern Europe

Bankruptcies forecast to increase in 2007

Coface Romania says that the annual rate at which the companies from Romania go bankrupt is set to rise in 2007. (more…)

Coface reports increased insolvency index in H1

The insolvency index rose by nearly a third in H1 2007. The construction industry and retail and wholesale trade remain the…


Selling of accounts receivable forecast to be profitable in...

The selling of default accounts receivable by banks will be a very profitable business for companies operating in debt recovery in…


Hitelgarancia to provide new guarantees worth HUF164bn

State-owned credit guarantor Hitelgarancia signed new guarantee contracts worth HUF164bn increasing its portfolio to HUF315bn. (more…)


Coface to open new factoring company in 2008

Coface to follow April's commercial credit insurance launch with a factoring company next year.  (more…)

#cash-flow#Commercial Credit#insurance


DnB Nord to focus on leasing and factoring operations...

DnB Nord has prepared its development strategy through to 2009, which assumes a merger with BISE and indicates the direction…

#bank#banks#channel


KB raises KB Factoring's share capital

Komercni banka has raised the share capital of its subsidiary KB Factoring. (more…)


Alta Group M&A helps Bibby acquire cash reform

Alta Group worked with Bibby Financial Services on the acquisition of Cash Reform AS, the leading independent Czech factoring company. (more…)


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…

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