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Eastern Europe

Czech factoring turnover up at CZK49 bn at end...

Czech factoring companies posted a turnover of nearly CZK49bn (euros 1.7bn) in January-June this year (more…)

Credit still too expensive, says SME agency

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 doubles capital at factoring unit

Erste Bank Hungary announced it has raised registered capital at its factoring unit, Erste Faktor, by (more…)


MFB lowers rate on subsidised loans for SMEs

The Hungarian Development Bank Rt (MFB) announced it would lower the rate on special state-subsidised loans for businesses available under…


Company liquidations continue to rise in H1

The number of legal cases brought by Hungarian companies trying to collect overdue receivables increased by (more…)

#bankruptcy#receivables#risk


Coface cuts liquidity rating of Hungarian companies

International ratings agency Coface has cut the liquidity rating of Hungarian companies from A2 minus to A3, (more…)

#international#liquidity#risk


Premium Factor IPO to raise zl.30-50m

Katowice-based factoring company Premium is planning to enter the bourse at the end of 2006 or at the beginning of…


Factor in Bank, Coface announce two-in-one factoring service

Polish factor, Factor in Bank, and Coface, the credit insurer, have linked up to provide a full factoring service for…


EBRD provides finance loan to Metals Banka

European Bank for Reconstruction and Development (EBRD) is lending Metals Banka, a private bank in Serbia, (more…)


SME confidence slips in June

Ecostat's SME confidence index slipped to 47.2 per cent in June from 51 per cent in May (more…)


Polfactor punches above its weight

Polfactor, the Polish factor, has been noted as top factor in its country, based on a poll of members of…

#international


Intermarket takes 50% hold in Compania de Factoring

Intermarket Bank, the Austrian finance provider, has secured a 50 per cent share in Romania's (more…)

EBRD, EU and OTP Bank Romania help SME sector

Entrepreneurs across Romania will have more access to finance to build or expand their businesses with the help of a…

#Access to Finance#bank#European Commission

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