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Eastern Europe

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…)


SLSP Factoring expects SKK 20.5 bn. turnover this year

Financial services company Factoring Slovenskej Sporitelne (SLSP) said that its turnover this year will exceed SKK20bn (EUR575m) (more…)


Poland 2006-07: Can factoring maintain strong growth ten years...

The tenth anniversary of factoring in Poland presents an ideal opportunity to analyse the development of the Polish factoring industry…


TTK bank to use EBRD loan to finance local...

The EBRD is lending TTK Bank AD Skopje, a medium-sized bank in FYR Macedonia, EUR5m to finance more small- and…

#bank#international#management


First direct loan to private Kosovar company

The EBRD is providing its first direct loan to a private company in Kosovo to help local entrepreneurs finance the…

#bank#banks#economic recovery

ING to grow organically

According to Brunon Bartkiewicz, head of ING Bank Slaski, the bank will continue its development based on organic growth next…

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