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The bank continued its expansion in the SME sector. SME client numbers rose from about 30,000 in 2004 to (more…)
#bank#international#SME lending
Financial consultancy Adossag Borze's Online Factoring Market saw the listing of receivables with a nominal value of HUF10.9bn (more…)
#banks#management#online factoring
Ceskoslovenská obchodní banka (CSOB) has acquired from NMB-Heller Holding 50 per cent of factoring company OB Heller and has become…
Jiri Matula is chief executive officer of Transfinance, the second largest factor in the Czech Republic. He is also Chairman…
#bank#international#invoice
The insurance watchdog has cancelled the licence of credit insurer Lietuvos Eksporto Ir Importo Draudimas (LEIID). LEEID has undergone reorganisation…
#insurance
The Lithuanian Government has resolved to allocate the remaining LTL 29m from the PHARE assistance programmes (more…)
#banks#financial services#SME loans
According to Mria Bank chairman Konstantin Vorushilin, Vneshtorgbank (VTB) is to open a $100m credit limit for Kyiv's Mria bank,…
#bank#SME lending#smes
State credit guarantee agency Hitelgarancia Zrt has signed an agreement regarding underwriting the companies' factoring funds for small- and medium-sized…
#bank#guarantee#smes
The Ministry of Finance of the Czech Republic submitted the proposal of the sale of the Commercial credit insurance company…
#Atradius#Commercial Credit#guarantee
The government will also introduce guarantees, insurance and factoring services to assist (more…)
Company crediting by banks is still at a low level in Romania compared with other states in the region, which…
#bank#regulation#risk
During a meeting organized by weekly Profit and supported by Ћivnostenská banka, CAC Leasing and NLB Factoring (more…)
#leasing
The Czech financial industry has changed significantly in recent years. Having suffered considerable losses due to their support of the…
#bank#bank loan#regulation