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Eastern Europe

Credit guarantee agency battles “chain of debt”

State credit guarantee agency Hitelgarancia Zrt has signed an agreement regarding underwriting the companies' factoring funds for small- and medium-sized enterprises (SMEs)with (more…)

#bank#guarantee#smes

Commercial credit insurance company to be sold after elections

The Ministry of Finance of the Czech Republic submitted the proposal of the sale of the Commercial credit insurance company…

#Atradius#Commercial Credit#guarantee


Government to begin breaking chain of debt

The government will also introduce guarantees, insurance and factoring services to assist (more…)


SMEs' development weakened by lack of credit

Company crediting by banks is still at a low level in Romania compared with other states in the region, which…

#bank#regulation#risk


Czechs eying cross-border German markets

During a meeting organized by weekly Profit and supported by Ћivnostenská banka, CAC Leasing and NLB Factoring (more…)

#leasing


Factoring in the Czech Republic – Jirн Matula, Transfinance

The Czech financial industry has changed significantly in recent years. Having suffered considerable losses due to their support of the…

#bank#bank loan#regulation


Hansa Lizingas opens first office in Marijampole

According to Hansa Lizingas  management, the decision to expand in this town was prompted by the growing number of factoring and…

#bank#leasing#management


EBRD invites proposals for factoring advisory services for banks...

The European Bank for Reconstruction and Development (EBRD) intends to engage a consultancy firm to assist the selected issuing banks…


Medicinos Bankas gets EUR5m loan for micro loans to...

Bank Medicinos Bankas has signed a €5 m loan agreement under the EU Preparatory Action Programme with  (more…)

#bank#investment#small businesses


Hitelgarancia reduces subsidy fees

State credit guarantee agency Hitelgarancia Zrt has reduced the guarantee fees for a credit facility on state-supported preferential terms (more…)


Atradius Credit Insurance anticipates market expansion

The Hungarian office of Atradius Credit Insurance, one of the world's leading credit insurance companies, expects 2006 revenue to increase…


EBRD works with Moldovan banks to boost MSE sector

Until now the micro-finance market in Moldova has been mainly serviced by non-bank financial institutions. However the potential for micro…

#assignment#bank#international

IFC survey reveals barriers to SME business development, outlines...

Complex regulatory procedures, including tax administration, business registration, business inspections, and obtaining operating permits impede private sector development of business…

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