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Eastern Europe

Czech factoring market grows 25 pct in 2006

The Czech factoring market increased by over 25% in 2006 to (more…)

Company insolvency problem increasing

The number of insolvent companies in Hungary tripled year-on-year in 2006 (more…)

#credit risk#insolvency#insurance


Czech Republic 2006-07: Flux and consolidation continues in factoring...

Tomas Moravek, Chairman of the Board and General Manager O.B Heller, takes a look at the trials and tribulations of the Czech…

#bank#commercial finance#interest rates


Export factoring remains target for Factoring Ceske Sporitelny

Factoring Ceske sporitelny, which belongs to the Austrian Erste Bank Group, maintained pole position in the Czech factoring market leader…

#bank#exporters#insurance


Atradius appoints general manager for Slovakia

The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)

#Atradius#insurance#receivables


VUB Factoring expects 15 per cent growth in turnover

Financial services company VUB Factoring estimates the volume of receivables it refinanced to have increased by about (more…)

#financial services#receivables


Turnover of Factoring Tatra Banky reached Skk4.3bn last year

Financial services company Factoring Tatra Banky reached a turnover of Skk 4.3bn last year, up 47 percent year-on-year (more…)


Romania 2006-07: Acceleration and accession – the watchwords for...

Mihaela Dimitriu, Director Factoring Division, BRD - Groupe Societe Generale SA on the prospects for Romanian factoring activity this year…

#ABN AMRO#Allianz#bank


A quarter increase expected in the factoring industry

The factoring market in Slovakia is experiencing further growth. This year it could rise by more than a quarter. Companies…


Eurofaktor expands and plans more cooperation with banks

Eurofaktor is currently concluding talks concerning a new capital injection to aid its development. We want to carry out a…


SME loan guarantees fall in 2006

While lending to SMEs grew much faster than corporate lending as a whole, financing of SMEs is still unsatisfactory, because…


Banks pump hundreds of millions of euros into SMEs

As the market of funding for the SME client segment took off in 2006, several players in the system introduced…

#bank#banks#funding

EBRD grants EUR200m to BRD for onlending

Romanian bank BRD-Groupe Societe Generale and the European Bank for Reconstruction and Development (EBRD) signed an agreement (more…)

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