Register today to access recent news and articles.

Eastern Europe

EBRD supports SMEs with US$5m loan to Moldindconbank

Entrepreneurs across Moldova will gain more access to finance following a US$5m loan from the EBRD to Moldindconbank (MICB), one of the country's largest private banks specializing in lending to small- and medium-sized enterprises (SMEs). MICB will use the EBRD...

Bank tax will cost OTP Bank Ft 9.6 bn

OTP Bank Rt announced which special bank tax each of its subsidiaries will choose to pay this year. Under an…


Factoring Ceskй Sporitelny with turnover Kc22.5 bn became a...

Total turnover of Factoring Ceskй Sporitelny increased by almost 40 per cent last year and reached Kc22.5 bn., with a…


The Coface subsidiary in Austria, OKV Coface, has just...

Coface's Austrian subsidiary, OKV Coface has opened a credit insurance branch in Hungary -Coface Hungary. After successfully setting up operations…


EGAP is split, part of it assigned for sale

Export Guarantee and Insurance Corporation (EGAP) has founded a daughter company Commercial Credit Innsurance EGAP that will take over the…

#Commercial Credit#guarantee#guarantees


Zoltбn Bodnбr appointed as a new CEO of Eximbank

Zoltбn Bodnбr is the new CEO of state-owned foreign trade financer Hungarian Export-Import Bank Rt (Eximbank). Istvбn Csillag, the former…

#bank#economy#trade


Base interest rate drops

The base interest rate (BIR) valid as from February 1 to February 28, 2005, has been set at 1.89 per…

#Allianz#bank#banks


Base rate cut

The Monetary Council of the National Bank of Hungary (MNB) cut its benchmark interest rate from 9.5% to 9%. The…

#bank#interest#interest rate


Eurofaktor prepares for stock deals with financial investors

The shareholders of the Myslowice-based factoring company Eurofaktor have entered negotiations with financial investors interested in the acquisition of a…

#acquisition#financial institution#investment


CNB cuts interest rate by 0.25 percentage points

Czech National Bank (CNB) has surprisingly cut interest rates by 0.25 percentage points. Main repo rate is dropped to 2.25…

#bank#inflation#interest


Coface looks to change face of risk insurance market

Awareness of corporate credit insurance is expected to change Hungarian businesses' debt-paying morals and even boost the economy, according to…


Innovation funding assistance for SMEs

Parliament has passed a new law creating a so-called National Capital Fund (KFK) that is to promote commercial innovation. The…

#financial services#funding#innovation

Caution on SME credit exposure ahead of Basel II

Within the next two years, Bulgarian banks will have to design internal guidelines for the assessment of the credit risk…

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.