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Eastern Europe

Exim Bank export cover up 22% in 2004

The Export and Import Bank of the Slovak Republic (Exim Bank) backed the export of goods and services to a total volume of (more…)

#bank#banks#Exim Bank

Top credit insurers line up for EGAP subsidiary tender

Plans to privatise the commercial subsidiary of state-owned credit insurer EGAP are accelerating the fight for a share on the…

#Atradius#international#management


Pekao and BPH merger will challenge market

On Sunday the supervisory board is supposed to accept the conditions for taking over (more…)

#bank#smes#Two


New ING subsidiary enters leasing market

The Hungarian ING Group has recently launched a new business branch. The activities of ING Lease Hungary encompass (more…)


State to establish guarantee fund for SMEs

The state will establish a guarantee fund in August as an instrument for financial support to small- and medium-sized enterprises…

#bank#economy#guarantee


Factoring to gain from amendment

The government is drafting an amendment that would allow companies to factor their debts owed to (more…)


Fourth SMEs Fair opens

Head of the National Agency for Small and Medium Enterprises, Eugen Ovidiu Chirovici, yesterday opened the fourth SME Fair, which…


Erste Bank launches factoring subsidiary

Erste Bank Hungary has added a factoring company to its subsidiaries, following approval by financial market regulator PSzAF, the bank…


Policymakers seek IFC’s advice on SMEs

The International Finance Corporation, the private sector arm of the World Bank Group, released the results of a survey entitled…

#bank#international#small business


Low interest rates are forcing banks to lend more...

Low interest rates are forcing banks to lend more to consumers and small businesses. The turnaround in the banking sector…

#bank#financial services#interest rates


National bank cuts base rate

The monetary council described the current inflation trends as (more…)

#bank#inflation#interest


Factoring companies to enter Czech Leasing and Financial Association

Members of Czech Factoring Association that combines the biggest factoring companies offering factoring services decided to enter the Czech Leasing…

#interest#leasing#Two

Bp Bank offers new credit products for SMEs

Budapest Bank Rt's (Bp Bank’s) corporate division announced the introduction of new products targeted at small businesses with annual revenue…

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