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Eastern Europe

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 long-term line of credit. (more…)

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…


SMEs continue to improve in May

Sentiment at Hungary's SMEs continued to improve in May, following a trend started in February, according to the latest measure…


Cisco Capital, RZB launch SME financing program

Cisco Capital, a Cisco financial services company, and Raiffeisenbank (Bulgaria) signed an agreement for joint small- and medium-sized enterprises (SME)…

#financial services#funding#SME financing


Factoring dynamics restored in 2006

2006 was a year of improved growth dynamics of the factoring market in the Czech Republic. The year-on-year increase in…


EBRD provides first rural facility

Through its first rural facility in Romania, the EBRD is lending Casa de Economii si Consemnatiuni SA (CEC), EUR10m to promote…

Euler Hermes Hungarian Claims Collection Kft appoints new general...

General manager of Euler Hermes Hungarian Claims Collection Kft András Kozma will be replaced by Krisztina Szigeti and Attila Gyorfi.…

#Commercial Credit#credit risk#management

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