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Eastern Europe

Polmetal sells shares in Eurofaktor

Polish metals firm ZM Polmetal sold 59,700 shares in Eurofaktor, a factoring firm, cutting its interest from (more…)

EBRD extends first long maturity syndicated loan to a...

The European Bank for Reconstruction and Development (EBRD) is providing a US$42 m loan to Ukraine s Kreditprombank. It will…

#bank#banks#funding


SZRB to increase loans to small enterprise

Slovak Guarantee and Development Bank wants to provide a larger number of loans with a smaller total amount (more…)

#bank#guarantee#interest


Jiri Matula takes up new appointment

Jirí Matula, formerly chairman of the board of one of the biggest factoring companies in the Czech market, Transfinance, has…

#leasing#trade#Two


Transfinance announces new chairwoman

Factoring company Transfinance has named chairwoman of the board of directors (more…)

#i#import factoring#international


Worsening economic outlook knocks SME confidence

Sentiment among Hungarian small- and medium-sized enterprise managers deteriorated in Q3 2006, because of a worsening assessment of the country's…


Experian extends its presence with acquisition of Krediidiinfo

Experian, the global information solutions company, has signed an agreement to acquire Krediidiinfo A/S in Estonia from its management. Krediidiinfo…

#acquisition#banks#Commercial Credit


Czech factoring companies turnover up 25pc

Czech factoring companies posted a turnover in the period January to September of (more…)


ProCredit Bank receives syndicated loan for SMEs support

ProCredit Bank and Citibank Romania signed an agreement regarding a syndicated loan with a five-year maturity, to use in financing…

#bank#investment#smes


New rules for Polish Agency for Enterprise Development subsidies...

Small- and medium-sized enterprises (SMEs) will be able to apply for EU subsidies, tol be administered by the Polish Agency…

#Jobs#smes


ABN AMRO Romania focusses on SMEs

ABN AMRO Romania intends to remain a niche bank, focusing on the small- and medium-sized enterprises (SME) sector and takes…


CSOB Factoring ready for lift off

As a member of a strong banking group, CSOB Factoring is looking to gain new clients via the bank's branch…

Coface releases company bankruptcy report

According to Mikael C. Szabo, head of the Hungarian unit of French credit insurance company Coface, in the period January…

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