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Eastern Europe

Intrum Justitia expects revenue of HUF 1.5bn

Intrum Justitia plans to close 2006 with revenue of more than HUF 1.5bn, the company announced. Intrum Justitia managing director Peter Felfalusi noted that Hungarian companies take (more…)

New Bank of Kosovo accesses loan to finance MSMEs

Entrepreneurs across Kosovo will have more access to finance to build new or expand existing businesses with the support of…

#bank#international#management


Factoring growth will come from SME demand, says Lublinski...

Romania's factoring industry holds significant growth potential as we enter the final weeks of 2006, according to Ryszard Lublinski, general…


OTP Group to set up factoring and leasing operations...

OTP Group plans to set up a new financial group in Ukraine in 2007 that will include factoring, leasing and…

#bank#insurance#leasing


Hitelgarancia reaches annual goals

State loan guarantee agency Hitelgarancia Zrt has met its full year guarantee taking target. Guarantees were issued in total value…


SME business confidence index improved in October

The business confidence index for small- and medium-sized enterprises (SMEs) was 40.4%, up by 4 percentage points in October (more…)

#economy#international#smes


Interview with Jana Nemeckova, chairwoman of Transfinance Factoring company

Jana Nemeckova became a chairwoman of the board of leading factoring company Transfinance a few weeks ago. In an interview…

#exporters#exports#international


ING Commercial Finance confirms GM role

ING Commercial Finance (ING CF) Romania has confirmed factoring veteran Ryszard Lublinski as the business unit's new (more…)


DnB Nord announce factoring operation launch in Q4

DnB Nord, formerly known as Nord/LB, generated a net profit of zl.16.8 million during the first three quarters of the…


Czech Factoring Association announces turnover H1 2006

The Czech Factoring Association has announced members turnover for the first half 2006. The association reported total turnover of its…

#Two


Monetary Council raises base rate

The Monetary Council of the National Bank of Hungary (NBH) has raised the central bank base rate (more…)

#bank#Two


Government urges subsidised loans, not grants, for SMEs

The government believes development subsidies for small- and medium-sized enterprises (SMEs) should come mainly in the form of preferential loans…

#funding#risks#smes

Atradius ends spectacular H1

The Hungarian arm of Atradius Credit Insurance N.V. has registered revenues in the first six months of the year of…

#Atradius#insurance

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