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The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts owed to Bulgaria from other countries. As a direct result of the Bulgarian Communist Party’s funding of military regimes from...
#funding#management
Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…
#bank#insolvency#international
The Latvian bank Parex plans to exploit leasing opportunities in the transport sector by targeting the Commonwealth of Independent States. …
The Hansabankas Group has seen its leasing contracts grow by 55% from the same period last year to LTL 338.4m…
#economy#financial services#investment
The Lithuanian Bank Siauliu Bankas and the Council of Europe Development Bank (CEB) have signed an agreement for a €2.5m…
Net profit of CSOB bank branch in Slovakia dropped to Skk 44.7m (€1.15m) in 1Q, a decrease of Skk171m compared…
The Economy and Transport Ministry, the Hungarian Investment and Trade Development Kht (ITD Hungary) and the Hungarian Development Bank Rt…
Compared to 2003 there was a decrease in foreign direct investment (FDI) of Sk8.7bn (Ђ220m) to Slovakia. The majority of…
#investment#investments
Finansbank Romania will increase its loan resources for foreign trade and SMEs by Ђ10m from new subordinated and syndicated loans,…
Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new…
Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.…
A new factoring and forfaiting company has been launched by Hнr Televнziу Rt owner Istvбn Tцrцcskei and Klбra Deбk, who…
While small- and medium-sized enterprises (SMEs) still prefer bank loans to regulate cash flow, companies are increasingly turning to alternative…