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Eastern Europe

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 (SMEs) (more…)

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…


Euler Hermes predicts rise in number of bankruptcies in...

The number of bankrupt companies is likely to grow moderately next year after seven years of falls, the reason being…


EBRD equity creates opportunity for Serbian micro-businesses

The European Bank for Reconstruction and Development (EBRD) is paying euro 3m for an 18.2 per cent equity stake in…

#bank#financial services#international


Unicredit to announce Pekao's new managing board

Italy's Unicredit will soon announce the make-up of the managing board of the Pekao bank after its merger with Bank…


EBRD loan to support micro enterprises

The European Bank for Reconstruction and Development (EBRD) is lending to Mikrokreditna Organizacija EKI, the third-largest non-bank micro finance institution…

#Access to Finance#bank#microfinance

New players help factoring market up to E1bn

ING Commercial Finance, the specialised factoring service division of the ING Group, will mainly target small entrepreneurs and focus on…

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