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Eastern Europe

Factoring market still has space to expand

One of the fastest growing areas in the debt management sector is the factoring business. (more…)

#bank#debt collection#guarantees

Competitive SMEs are a scarce resource

The number of small- and medium-sized enterprises (SMEs) recommended for investment might not reach a thousand, says Mikael C. Szabo,…


Bank BPH SA deploys Surecomp transaction approval module

Surecomp, a leading provider of global trade solutions for the financial services community, has announced that its NetIMEX TransAP Module…

#bank#financial services#global trade


Eurofaktor signs contract with Pekao for bond issue

Eurofaktor plans to carry out a bond issue by the end of this year. Tomasz Tomaszewski, Eurofaktor's president (more…)


GMAC targets 20pc market share with regional expansion

GMAC wants to have a 20% share of the factoring market. Network development is supposed to be a key to…


EBRD helps support SME sector and improve trade finance

Entrepreneurs across Macedonia will have more financing instruments to expand their businesses with the support of a EUR1m trade finance…

#bank#financial services#international


MFB approves loans worth Ft 270bn this year

The state-owned Hungarian Development Bank Zrt (MFB) approved loans worth more than Ft270bn by early December, the bank's management announced.…

#bank#investments#management


Coface expects government austerity measures to boost credit

The Hungarian unit of Coface expects credit risk in Hungary to increase in 2007 as a result of the government's…


BCR Leasing to start factoring services

BCR Leasing received its shareholders' approval to expand its business by including such operations as factoring, discounting and forfeiting services…


Factoring CS launches Pharma Factoring

At the 16th meeting of Czech Pharmacy Association, Factoring Ceske Sporitelny has launched Pharma Factoring, a new product aimed at…


EBRD further reduces stake in Bank Pekao

The EBRD has sold 50 per cent of its remaining equity stake in Bank Pekao, a leading bank in Poland…


BRD sales turnover tops EUR240m in first 10 months

BRD Group's factoring department achieved a sales turnover of euros 243m in the ten months to 31 October 2006, on…

CSOB Factoring elects further supervisory board member

Last week CSOB Factoring announced the appointment of (more…)

#business finance#management

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