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Eastern Europe

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 leasing clients there (more…)

#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…


New factor enters the market

The Latvian leasing and factoring sector has a new player (more…)


Interest rate cut to lowest level

The Monetary Policy Council decided yesterday to cut interest rates by (more…)


New chairman for Factoring Association

The new chairman said his main goal is to further develop the Czech factoring market (more…)


Acquisitions boost Fortis’ European asset finance operations

Fortis announced today that it has acquired 100% of the capital of two Hungarian leasing companies - which target mainly…


Getin Bank launches 'Factor in Bank', targets SMEs

Getin Bank has announced the launch of a new division which is to concentrate on providing factoring services for small-…

#bank#banks#smes

HVB joins Association of Factoring Companies

Czech company HVB Factoring has become the latest member of the Association of Factoring Companies, according to (more…)

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