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Eastern Europe

Syndicated loan for SME focused Љiauliu Bankas

The European Bank for Reconstruction and Development (EBRD) is lending €12 m to Lithuania'[s Šiauliu Bankas to support (more…)

#bank#Commerzbank#international

UNDP and NASMEC unite with a project to support...

SMEs are being given a helping hand through a special 'business incubator' project launched last week by the United Nations…


Erste Bank sets up factoring unit

Erste Bank Hungary Rt has set up two new subsidiaries to better serve its clients. Erste Faktor Rt has Ft…

#bank#smes#Two


Number of insolvencies drops – Euler Hermes Cescob survey

Economic growth, influenced mainly by investments and export, impacted the number of insolvencies significantly (more…)

#GDP#i#insolvencies


Eurofaktor plans to sell its stakes in two subsidiaries...

Eurofaktor, Poland's top non-banking factoring company, has plans to sell its stakes in two (more…)

#poland#Two


Commerzbank plans expansion to meet growing SME demand

Commerzbank AG, Germany's third-biggest lender, plans to open 10 additional branches in Hungary to tap the growing demand (more…)


Euler Hermes boosts trade credit insurance market

There are only a few companies in Latvia providing commercial credit insurance now analysts say (more…)


OB Heller Factoring appoints new commercial director

O.B. Heller, the Prague-based factor has announced the appointment of (more…)


Chambers employ factoring companies

Chambers of Industry all over the country have been selling their debt to factoring companies due to (more…)


New law firm to focus on M&A, leasing, forfaiting...

The former senior attorney at German law firm Gleiss Lutz, has founded a new law firm in Prague (more…)


23 August 2005: Monetary Council cuts base rate

The Monetary Council of the National Bank of Hungary (NBH) cut the central bank base rate... (more…)


Handlowy Heller announces Q2 2005 turnover up 62%

Warsaw-based Handlowy Heller has announced its total turnover figure at the end of Q2 2005 (more…)

Budapest Bank to provide loans for micro businesses and...

Budapest Bank announced it has introduced a range of loan offerings to micro, small- and medium-sized enterprises (SMEs), to enhance...…

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