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Eastern Europe

Compania de Factoring eyes turnover growth in 3 years

Compania de Factoring, a company specialised in funding receivables, intends to achieve a turnover worth over euros 550m in the next 3 years (more…)

#bank#Commerzbank#funding

BRD factoring operations to September up 45pc

BRD Groupe Société Générale reported for the first nine months of the year a total volume of factoring operations 45…

#bank


EIB credit line for SMEs

The European Investment Bank will support the small- and medium-sized enterprises (SME) in Bulgaria through a new €30m global loan…


KredEx grant for SMEs is a waste of public...

State Credit and Export Guarantee Fund (KredEx) is offering companies grants in the amount of up to EEK16m (euros 1m).…


Experian-Scorex opens Warsaw office

Experian-Scorex, the global decision analytics business of Experian , has established an office in Warsaw. This move confirms the company's…


Commercial Bank Allianz Bulgaria joins EU/EBRD SME finance facility

The EBRD is lending Commercial Bank Allianz Bulgaria euros 5m to support the development of local small- and medium-sized enterprises…


Obligation to submit reports by factoring companies to supervisor...

The Bank Board of the National Bank of Slovakia (NBS) approved the Decree of the NBS on submitting (more…)


National Bank raised key interest rates

The National Bank of Slovakia (NBS) raised key interest rates over concerns regarding inflation and the fiscal policy of (more…)

#bank#inflation#interest


mBank Launches Enterprise Loans

Over five years after its founding, mBank - the retail arm of BRE Bank - has decided to enter the…

#bank#smes


Demand for micro finance exceeds supply

Micro credits issued by three Lithuanian commercial banks have seen unprecedented popularity with micro companies and small- and medium-sized enterprises…


EBRD acquires 25% in Cacanska Banka

As well as fuelling the bank's capital to reach out to more small- and medium-sized enterprises (SMEs) through a larger…

#bank#international#management


NLB Factoring 10% rise in turnover in 2005

Czech-Slovenian factoring company NLB Factoring raised turnover by more than 10 per cent year-on-year to (more…)

#trade

Export insurance strategy approved

The strategy of developing Treasury-guaranteed export insurance was approved by the government yesterday. It aims to promote the insuring of…

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