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Fortis has confirmedthat it has finalised the acquisition of the two Hungarian sister leasing companies, Innotrade Leasing Rt. and Takleasing Rt. (more…)
Eurofaktor, the only representative of the factoring industry on the stock exchange, made only ZL1.1m (euros 284,500) net profits in…
The Central Bank of Slovakia (NBS) is due to start collecting data for statistical purposes from January 2007. The obligation…
Ecostat's TOP-100 index, a measure of confidence at Hungary's biggest hundred companies, fell to its lowest point in two years. Ecostat's…
Ceska sporitelna belongs to the Austrian Erste Bank group, which comprises the bank CS, insurer Pojistovna CS, Leasing CS, Investicni spolecnost…
#bank#banks#economy
The World Bank's Board of Executive Directors has approved a US$154.5m loan for the Second Export Development Project (EDP2).The project…
#bank#exporters#exports
Factoring turnover in Lithuania in the first half of this year, was up by 18.1% year-on-year. The January-June turnover soared…
#international#international factoring#leasing
The Slovak central bank (NBS) board decided to raise key interest rates. Two-week repo tenders increased by one half of…
#bank#interest#interest rate
Czech factoring companies posted a turnover of nearly CZK49bn (euros 1.7bn) in January-June this year (more…)
Small- and medium-sized enterprises (SMEs) have easier access to credit but the cost of loans is still high, said the…
#bank#interest rates#security
Erste Bank Hungary announced it has raised registered capital at its factoring unit, Erste Faktor, by (more…)
The Hungarian Development Bank Rt (MFB) announced it would lower the rate on special state-subsidised loans for businesses available under…
The number of legal cases brought by Hungarian companies trying to collect overdue receivables increased by (more…)
#bankruptcy#receivables#risk