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Eastern Europe

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 Germany's Kreditanstalt fuer Wiederaufbau (KfW) with the support of the European Union. The credit line can be used for financing...

#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


Borrowing difficult for SMEs

The increasingly stronger position held by large foreign banks on central and eastern European markets, Romania included, tends to seriously…

#bank#banks#smes


Polish unit of Austrian bank Raiffeisen secures Ђ165m loan...

The Polish unit of Austrian bank Raiffeisen secured a Ђ165m syndicated loan to finance its growth in small-and medium-sized enterprise…

#3M#bank#i


MFB introduces HUF 100bn in new low-cost loans to...

The state-owned Hungarian Development Bank (MFB) will make another HUF 100bn in low-cost loans available to small businesses and local…

#bank#investments#risk


Factoring in success

Poland's largest non-banking factoring company, Eurofaktor, has completed subscriptions for its Warsaw Stock Exchange debut, set to take place within…

#investment#poland

EBRD to lend Ђ10 m to CAC Leasing

CAC Leasing will draw a loan from the European Bank for Reconstruction and Development (EBRD) of Ђ10 m. The contract…

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