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Demand for credit insurance policies is growing. The Corporation for Export Credit Insurance (KUKE) insured $2.55bn worth of exports in 2004, a 50 per cent year-on-year growth. KUKE recorded large interest in insurance guaranteed by the Treasury. Source: Europe Intelligence...
#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
Citibank is starting a campaign to attract SMEs, managing director Janos Horvath announced. The bank aims to boost both its…
#bank#guarantees#liquidity
D.S.Factoring raised total revenues to record Kc1.4bn last year, up 60 % from 2003, as the company in the year…
The Monetary Council of the Hungarian National Bank (MNB) cut its benchmark interest rate by 75 basis points to 8.25%…
The Serbian government has authorised the National Bank of Serbia and Finance Ministry to sign an agreement with the Italian…
In 2004, Ceska Sporitelna provided new loans for small- and medium-sized enterprises (SMEs) totaling CZK 20.2 bn. The overall portfolio…
#bank#investment#management
Raiffeisen Bank Polska (RBP) closed 2004 with a record net profit of PLZ.165.4 billion which is almost double the figure…
#bank#GDP#Raiffeisen
Romanian central bank decreased its key interest rate by 72 basis points to 15.75 per cent p.a. Central bank reacted…
#bank#inflation#interest
The European Bank for Reconstruction and Development (EBRD) will extend a Ђ10m euro credit line for funding small- and medium-sized…