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Erste Bank Hungary has added a factoring company to its subsidiaries, following approval by financial market regulator PSzAF, the bank announced on Thursday. The company will operate under the name of Erste Faktor Penzugyi Szolgaltato and will remain principally owned...
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 to consumers and small businesses. The turnaround in the banking sector…
#bank#financial services#interest rates
The monetary council described the current inflation trends as (more…)
#bank#inflation#interest
Members of Czech Factoring Association that combines the biggest factoring companies offering factoring services decided to enter the Czech Leasing…
#interest#leasing#Two
Budapest Bank Rt's (Bp Bank’s) corporate division announced the introduction of new products targeted at small businesses with annual revenue…
The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts…
#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…