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Eastern Europe

Slovenska sporitelna Q1 2006 net profit equals Q1 2005

In the first quarter 2006, Factoring Slovenskej sporitelne produced profit of SKK (more…)

#bank#bonds#international

EBRD, EC, Societe Generale Expressbank support Bulgarian SMEs

The EBRD is lending BGN19.6m to Societe Generale Expressbank for on-lending to SMEs (more…)


Demand for factoring services growing

Representatives of companies providing factoring services are expecting sales to increase several times higher than the growth of GDP (more…)


Lithuanian factoring market enlarges 14% in Q1 year-on-year

In Q1 2006, the Lithuanian factoring turnover grew 14% year-on-year, according to statistics from the Lithuanian Leasing Association (more…)


Eurofaktor presents new strategy, expects profit growth

Within the next three-and-a-half years, Eurofaktor is planning to increase its net profits by 150 per cent and achieve an…

#financial institution


BNR approves regulations for non-banking institutions

Some of the domains of activity of the IFNs are the funding of the commercial transactions and factoring operations, leasing…


Factoring turnover up at Kc21.50 bn in Q1

Czech factoring companies buying claims before maturity financed claims worth Kc21.50 bn in the first quarter this year, a growth…


Coface warns of insolvency domino effect

The number of insolvency procedures initiated against Hungarian companies has continually increased over the past few years a quite disturbing…


Merger of BPH and Pekao leasing, factoring and brokerage...

A merger of leasing companies belonging to Pekao and BPH would mean establishment of an entity with a leading market…


SMEs bankruptcy rate after accession overestimated – ANIMMC

In recent months, all kind of speculations have been made on the number of SMEs that would go bankrupt after…

#conference#exports#smes


EGAP plans expansion of SME coverage following amendment of...

The Export Guarantee and Insurance Corporation (EGAP) is seeking a strategic partner for its commercial insurance subsidiary. EGAP,  the state-owned…


Handlowy Heller renamed ING Commercial Finance

ING Commercial Finance Polska says it could become the leader in the factoring market within a year and increase turnover…

#bank#commercial finance#ING

SME-loan guarantor introduces guarantees on leasing, factoring contracts

Hitelgarancia, a majority state-owned guarantor of loans to small- and medium-sized enterprises (SMEs), had retained earnings of (more…)

#guarantees#leasing#smes

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