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Eastern Europe

Coface plans to enter Czech market

Austrian insurance company Osterreichische Kreditversicherung Coface, number one in the Austrian domestic and export credit insurance business, is preparing to enter the Czech market, head of board of directors Martina Dobringerova, announced. “We are trying to find the way of...

Eurofaktor successful launch on Warsaw stock exchange

Eurofaktor, Poland's biggest non-banking factoring company, had a successful debut on the Warsaw stock exchange yesterday. Right from the start,…

#3M#poland


EU to Support SMEs in Poland

The EU Programme for Promotion of Entrepreneurship (PfE) will enable thousands of Poles to set up their own businesses. They…

#poland#smes


Unionbank signs Ђ5m credit line agreement to facilitate SME...

Bulgarian commercial bank Unionbank said it had signed a Ђ5.0m (US$6.6m) credit line agreement with the Black Sea Trade &…


CSOB Leasing expects contracts worth SKK 7.251bn for 2004

Leasing company CSOB Leasing estimates the number of contracts concluded this year at 8,700. Their total acquisition price should be…

#acquisition#leasing


Raiffeisenbank gets Ђ10m credit line to fund SMEs

Raiffeisenbank Bulgaria received a Ђ10m credit line to finance the small- and medium-sized enterprises (SMEs). The funds are provided by…

#bank#investment#smes


EBRD supports SMEs in Moldova with US$5m loan

Entrepreneurs across Moldova will gain more access to finance following a US$5m loan from the EBRD to Moldindconbank (MICB), one…


Eurofaktor to debut on Warsaw Stock Exchange

Eurofaktor, Poland's fifth-largest factoring firm plans to float over 2.4 million shares. At the same time the company's management, following…

#management#poland#trade


Eurofaktor increases 2004 forecast

Eurofaktor, Poland's biggest non-banking factoring company, has increased its net profit and turnover forecast for this year. Having taken into…

#3M#poland


Banca Transilvania gets Ђ32.5m for lending to SMEs

The European Bank for Reconstruction and Development (EBRD) is increasing its exposure to Banca Transilvania by a further Ђ7.5m, as…

#bank#international#Raiffeisen


SMEs to receive Ђ10m in extended financing programme

The London-based European Bank for Reconstruction and Development (EBRD) will extend its joint EU financing programme in Hungary by providing…

#bank#European Commission#leasing


Raiffeisen Bank Polska to finance medium-sized enterprises

Raiffeisen Bank Polska will receive a huge Ђ165(PLZ692)m loan from a consortium of 17 foreign banks. The bank's president, Piotr…

#bank#banks#Raiffeisen

Eximbanks sign cooperation agreement

Hungary’s Export-Import Bank (Eximbank) Rt and its Russian counterpart Rosseximbank, along with Hungarian export insurer MEHIB Rt, have signed a…

#bank#Two

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