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The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak company General Factoring involved in management and exacting of claims, Clanroy Sales which organised the December auction of the claim....
#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
Demand for credit insurance policies is growing. The Corporation for Export Credit Insurance (KUKE) insured $2.55bn worth of exports in…
#export credit insurance#exports#insurance
Fortis has announced the appointment of Alexander Paklons as country manager for Poland. Alex Paklons was formerly director marketing personal…
#bank#international#poland
The Slovak central bank (NBS) board has cut its key interest rates. As a result, two-week repo tenders will, as…
Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and…
#bank#guarantees#management
The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…
#bank#banks#i