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Eastern Europe

Eximbank supports SMEs with two new programmes

The Eximbank of Romania is to launch two new products mainly dedicated to small- and medium-sized enterprises (SMEs), said bank president Carmen Radu (more…)

#bank#interest#interest rate

'Lanchid' factoring programme resumed

The Economy Ministry has re-launched the factoring programme called Lanchid (meaning Chain Bridge), with modified conditions (more…)


Atradius fills two newly-created positions

The newly created position of deputy to the director in the Czech branch of the global credit insurer Atradius Credit…

#Atradius#insurance#international


Companies improve financial indices, BNR study

Companies in Romania improved their financial indices, according to a study by the National Bank of Romania (BNR), regarding the…


First bank to receive funds from EBRD Moldovan Microfinance...

The European Bank for Reconstruction and Development (EBRD) is extending a US$3m credit line to Mobiasbanca to support its lending…

#bank#First Bank#international


Bank DnB Nord Polska aims for increased market share...

 By developing new products like factoring, debt management and transaction services, the bank wants to reach the top 15  (more…)


Bibby Line Group plans to use Poland as a...

The factoring market is expecting a bull market and so the Bibby Line Group, a British factoring company which has…

#conference#poland


US supply financier sets up in Central Europe

US supply chain finance (SCF) provider Prime Revenue has set up an office in Prague, Czech Republic (more…)

#supply chain finance#working capital


Coface assesses business sector risks update

While globally, business risk ratings in various segments of the world economy stabilized in the first quarter of this year,…


OTP Factoring announces changes to management team

OTP Faktoring Slovensko, a.s. has made personnel changes in the management team (more…)


Non-bank financial business profits increase in Q1

Hungary's non-bank financial businesses, such as leasing and factoring companies, had combined pre-tax profit of  (more…)

#bank#banks#interest


Factoring firm O.B. Heller profit down in 2005

Czech factoring company O.B. Heller had net earnings of Kc63.6m (€2.3m) last year, a decline of (more…)

SMEs to pay 16% tax on profits in 2007

Public Finance Minister Sebastian Vladescu, announced that Romanian small- and medium-sized enterprises (SMEs) will pay profit tax of (more…)

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