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A normative act that will facilitate access of small- and medium-sized enterprises (SMEs) to micro-credits has been adopted last week by the Government. The project law stipulates that new companies should be set up in order to grant SME access...
Through its Romanian representative office, American-based financial holding Magnus LLC has launched a US$50m loan programme for Romanian companies that…
#guarantees#interest#interest rates
Slovak Guarantee And Development Bank (SZRB) is to provide guarantees on Tatra Banka small- and medium-sized enterprises (SMEs) loans up…
#bank#guarantees#risk
Ovidiu Nicolescu, president of the National Council for Private Small- and Medium-Sized Enterprises, said 20-25 per cent of Romanian SMEs…
The Czech factoring market has grown by some 20% a year over the past three years and the Association of…
#bank#GDP#Two
The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak…
#bank#guarantees#investment
The central bank (BNR) lifted restrictions on Romanian companies' hard currency acquisitions from 24 February 2005. Previously Romanian companies were…
Eximbank will launch foreign currency exchange risk operations in March to support exporters, bank president Mariana Diaconescu said last week.…
General meeting of Slovak Factoring Asociation (SFA) has elected a new director. Miroslav Bernat, general manager and head of board…
#bank#international#management
Hungary's credit insurance and receivables management market is worth about HUF 2.5bn, but should grow significantly, as Hungarian companies do…
The Hungarian units of Europe's biggest tyre maker, Michelin, has started up the Economical Development Kht fund with the aim…
D.S. Factoring, the receivables administration specialist, has announced increased revenues totalling CZK1.4 bn (Ђ47m) in 2004, a year-on-year increase of…
Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that…
#banks#exports#GDP