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A report by French-owned credit risk management company Coface suggests that 2007 could see a record number of companies going to the wall in Hungary. (more…)
Zdenek Kmonicek has been named a member of the board of directors for factoring company Transfinance. (more…)
The Hungarian Export Insurance Bank (Mehib) has been given the go-ahead to offer export insurance to small- and medium-sized enterprises…
#bank#conference#insurance
Profit growth of over 3,000 small- and medium-sized enterprises (SMEs) last year exceeded net turnover growth by four times. (more…)
The Hungarian branch establishment of credit insurance company Atradius closed last year with Ft 723.5m in revenues. (more…)
#Atradius#insurance#management
According to the Economy Minister Janos Koka, the micro-credit scheme must be made more popular and more easily accessible as…
#conference#economy#security
Start Tokegarancia, a guarantor set of by the Hungarian Business Development Foundation and state-owned investment company Corvinus a year ago,…
#bank#funding#guarantee
The uncertainty caused by last year's austerity measures was felt until October, 2006, since that low point, the business confidence…
The Czech factoring market grew by nearly Kc7bn or a third on the year to Kc28.1bn in the first three…
#import factoring
The Czech state will sell 66 percent in insurer Komercní úverová pojištovna EGAP (KÚP) to a consortium of Belgian state-owned…
Facility to help promote private-sector growth in Romania. In its first factor finance project across its 29 countries of operations,…
2006 is expected to see further growth in the factoring market by at least 40%, compared with 2005. The first…
#bank#guarantees#ING
In 2006, factoring turnover is expected to increase again by a similar level to 2005, due to the favourable economic…
#bank#interest rates#international