Register today to access recent news and articles.

Eastern Europe

Bulgarian government hires foreign factoring company to recover debts

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

Romanian Bank for Development nets profits from domestic factoring...

Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…

#bank#insolvency#international


Parex Bank seizes leasing opportunities in CIS countries

The Latvian bank Parex plans to exploit leasing opportunities in the transport sector by targeting the Commonwealth of Independent States. …


Hansabankas report 55% growth in leasing services

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


Ђ2.5m credit line for SME’s granted by Siauliu Bankas

The Lithuanian Bank Siauliu Bankas and the Council of Europe Development Bank (CEB) have signed an agreement for a €2.5m…


CSOB’s Q1 profit drops

Net profit of CSOB bank branch in Slovakia dropped to Skk 44.7m (€1.15m) in 1Q, a decrease of Skk171m compared…


Credit line for SMEs of Ft 25 bn

The Economy and Transport Ministry, the Hungarian Investment and Trade Development Kht (ITD Hungary) and the Hungarian Development Bank Rt…


2004: Business benefit from FDI of Sk313bn in 2004

Compared to 2003 there was a decrease in foreign direct investment (FDI) of Sk8.7bn (Ђ220m) to Slovakia. The majority of…

#investment#investments


Finansbank seeks more funds to support SME and foreign...

Finansbank Romania will increase its loan resources for foreign trade and SMEs by Ђ10m from new subordinated and syndicated loans,…


Bulgaria to reduce VAT after 2007

Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new…


HNB base rate cut

Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.…


New factoring company launched

A new factoring and forfaiting company has been launched by Hнr Televнziу Rt owner Istvбn Tцrцcskei and Klбra Deбk, who…

Factoring in the Czech Republic increases in popularity

While small- and medium-sized enterprises (SMEs) still prefer bank loans to regulate cash flow, companies are increasingly turning to alternative…

Our Sponsors
Our Events
View All
To top
BCR Publishing
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.