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Eastern Europe

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


Bankruptcy Act amendments to take effect 1 July

Changes made last year to Hungary's Bankruptcy Act will come into effect on 1 July. The amendments will make it…

#bankruptcy#management#WHO


Factoring industry gains a new player

A new factoring company, founded by two individuals with several years' experience in the field, has recently been approved by…


Eurofaktor launches new strategy

Eurofaktor, which has focused on factoring services for big companies only, has acquired its first clients among SMEs and has…

#financial services#investment#management


Factoring transactions up by more than one fifth in...

"We can forget the independent provision of financial services. It will be always harder to sell factoring as the only…

#bank#bank loan#financial services

Misu Negritoiu takes the reins of ING Romania, announces...

Misu Negritoiu will become chief executive of ING Bank Romania as of 1 August, as well as chairman of the…

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