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Half of Hungary's small- and medium-sized enterprises (SMEs) say late payments between companies are becoming more common, while just 10% say businesses are getting better at paying on time, a survey conducted by Volksbank Hungary Rt. shows. The representative survey...
Eurofaktor aims to expand its factoring services by targeting small- and medium-sized- enterprises (SMEs), which account for... (more…)
#economy#leasing#smes
Confidence of small- and medium-sized businesses (SMES) deteriorates slightly in September, according to a survey by Ecostat. Ecostat's SME confidence index…
Factoring may be a solution to the problem of Romanian exports according to (more…)
#bank#exporters#exports
The number of business transactions undertaken by factors belonging to the Slovak factoring association rose by 30 per cent and…
#3M#bank#receivables
Eighteen months after the acquisition of Forin, Millenium Bank is returning to the fray of the factoring market (more…)
#acquisition#bank
Hungary's Monetary Council has cut the central bank base rate by (more…)
#bank#Two
The European Bank for Reconstruction and Development (EBRD) is lending €12 m to Lithuania'[s Šiauliu Bankas to support (more…)
#bank#Commerzbank#international
SMEs are being given a helping hand through a special 'business incubator' project launched last week by the United Nations…
Erste Bank Hungary Rt has set up two new subsidiaries to better serve its clients. Erste Faktor Rt has Ft…
#bank#smes#Two
Economic growth, influenced mainly by investments and export, impacted the number of insolvencies significantly (more…)
#GDP#i#insolvencies
Eurofaktor, Poland's top non-banking factoring company, has plans to sell its stakes in two (more…)
#poland#Two
Commerzbank AG, Germany's third-biggest lender, plans to open 10 additional branches in Hungary to tap the growing demand (more…)