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Eastern Europe

Factoring profile rising among entrepreneurs

Last year factoring companies in Slovakia complained about the lack of awareness of their product among entrepreneurs. A year on they are smiling and a quick look at their last year’s results reveals why.  Factoring companies associated with the Slovak...

Fortis Bank enters Hungary

Belgian Fortis Bank recently opened its first representation office in Budapest, Napi Gazdaság reported. Fortis plans to be active in…

#bank#cash management#leasing


10% profit tax for SMEs

Small- and medium- sized businesses (SMEs) would pay 10% instead of 16% profit tax on the first Ft 5m of…


Value of insurance on Polish exports soars

Speaking at a conference on Monday, the chairman of the Export Credit Insurance Company (KUKE), Jaroslaw Biernacki pointed to figures…


Siauliu Bank granted Ђ2 m credit line for SMEs

Siauliu Bank and the Nordic Investment Bank have signed an agreement that will grant Siauliu Bank  a credit line of…

#bank#investment#smes


MFB launches new HUF 2bn ( Ђ8,115.41) loan...

The Hungarian Development Bank (MFB) has signed a contract with Budapesti Vallalkozasfejlesztesi Kozalapitvany (BVK) subsidiary Enterprise '94 to launch the…


BRE’s new strategy focuses on small- and medium-sized firms

BRE Bank has devised a new corporate banking strategy that will focus on small and medium-sized enterprises (SMEs), instead of…


Hungarian SMEs pessimistic about year ahead

Small- and medium-sized companies (SMEs) are pessimistic about the business climate in the next 12 monthsaccording to K&H (more…)

#funding#Paid#smes


Coface Intercredit marks 300% growth in two years

Coface Intercredit Romania, one of the country's top risk management companies, insured commercial loans totalling (more…)

#insurance#management#risk


Commerzbank focuses on SMEs

Commerzbank has announced the opening of the first of its ten planned branches in Hungary (more…)


Cash Flow IPO postponed

Cash Flow S.A., a company offering factoring and debt purchase and collection, has postponed its public offer (more…)


New SME business support scheme draft proposal to be...

The Economy Ministry recently completed a draft proposal on a new enterprise development scheme (more…)

Factoring turnover soars

The Lithuanian Leasing Association has reported that the Lithuanian factoring companies portfolio rose to (more…)

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