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Credit Europe Bank, the former Finansbank, intends to attract 6,000 clients this year on the segment of small and medium-sized enterprises (SMEs) and by opening six regional centres for SMEs. (more…)
A new factoring company has recently entered Slovakia's factoring market. Cash Reform Factoring, is a 100 percent subsidiary of the…
Euler Hermes' credit insurance and factoring units in Hungary had combined revenue of HUF 2.8bn in 2006, 21.7 per cent…
Czech leasing company DS Leasing financed deals worth Kc1.582 billion in 2006, a growth of 15 percent year-on-year. DS Leasing's…
#leasing
Hungarian Development Bank (MFB) and Commerzbank have no choice but to enter a Ft100 m loss in their books, an…
Hitelgarancia, a state-owned credit guarantor, signed more than 24,000 contracts guaranteeing borrowing worth a combined HUF 228.5bn in 2006, up…
BRD Societe Generale last year registered turnover from factoring operations of approx EUR328m, 152 per cent up on 2005, the (more…)
#bank#import factoring#Societe generale
Postbank was awarded two prizes at the international financial exhibition Banks, Investments, Money. Postbank's factoring services, offered by EFG Factors…
In Croatia, factoring is becoming a popular short-term financial product although there is room to improve on the progress made…
One of the most noticeable trends in the Ukrainian financial market is the growing demand for factoring services. Ukrainian factoring…
#bank#exporters#international
The Slovak Association of Factoring Companies (AFS) has elected a new chairman (more…)
#trade
Factoring Tatra Banky, the factoring department of Tatra Banka, announced its sales rose by 53% supported by a jump in export…
Sentiment among SMEs improved slightly in the fourth quarter of 2006, but was still low as businesses expect positive macroeconomic…
#bank#funding#interest rates