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Eastern Europe

SMEs slow to protect against risk

Czech businesses are lagging behind their western counterparts in taking advantage of risk management products. The number of tools to reduce credit risk is growing, yet most small- and medium-sized businesses (SMEs) remain ignorant of the need to guard against nonpayment,...

SMEs get Phare backup in view of EU accession

The Ministry for European Integration yesterday launched a new programme aimed at improving SMEs’ competitiveness in view of Romania’s EU…

#exports#smes#training


Raiffeisen goes rural with 30m euro loan

Raiffeisen Bank signed a loan agreement for 30m euro, the money being aimed at further developing lending activities for SMEs…

#bank#Raiffeisen#Raiffeisen Bank


Factoring companies buy receivables worth Kc20bn in Q3

Czech factoring companies, purchased debts worth over Kc20bn in the third quarter, of which Kc15.92bn was domestic factoring and Kc3.29bn…

#receivables


Ђ5m loan to support expansion of BACA Leasing for...

The EBRD is extending a €5m loan to Bank Austria Creditanstalt Leasing d.o.o. (BACA Leasing), a leasing company operating in…


Factoring CS is number one as revenue reaches CZK...

Factoring CS continues to maintain the number one spot among factoring companies who are members.... (more…)

#import factoring#recourse factoring#WHO


More SMEs are trading with late payment culture, says...

Half of Hungary's small- and medium-sized enterprises (SMEs) say late payments between companies are becoming more common, while just 10%…


Eurofaktor planning to enter new markets

Eurofaktor aims to expand its factoring services by targeting small- and medium-sized- enterprises (SMEs), which account for... (more…)

#economy#leasing#smes


SME confidence index drops in September

Confidence of small- and medium-sized businesses (SMES) deteriorates slightly in September, according to a survey by Ecostat. Ecostat's SME confidence index…


Factoring -an option to increase exports

Factoring may be a solution to the problem of Romanian exports according to (more…)

#bank#exporters#exports


Factoring volume up 30 per cent in H1 2005

The number of business transactions undertaken by factors belonging to the Slovak factoring association rose by 30 per cent and…

#3M#bank#receivables


Millennium set for return to factoring elite

Eighteen months after the acquisition of Forin, Millenium Bank is returning to the fray of the factoring market (more…)

#acquisition#bank

Central bank cuts base rate

Hungary's Monetary Council has cut the central bank base rate by (more…)

#bank#Two

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