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The increasingly stronger position held by large foreign banks on central and eastern European markets, Romania included, tends to seriously hinder the development of small-and medium-sized enterprises (SMEs) in the respective countries. This is due to a reluctance displayed by...
#bank#banks#smes
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
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
Poland's largest non-banking factoring company, Eurofaktor, has completed subscriptions for its Warsaw Stock Exchange debut, set to take place within…
#investment#poland
CAC Leasing will draw a loan from the European Bank for Reconstruction and Development (EBRD) of Ђ10 m. The contract…
National Bank of Slovakia (NBS) has cut key interest rates by 50 basis points. From Monday, 29 November, the one-day…
France's Societe Generale, majority owner of BRD-Groupe Societe Generale, bought the state's remaining 7.3 per cent last week. AVAS said…
#acquisition#bank#investment
Hungarian subsidiaries of Euler Hermes, a big provider of credit insurance and manager of trade receivables, expects to end the…
The European Investment Bank (EIB) has prepared a solid foundation on which to build a bridge to join the wealthy…
According to the Latvian Lessors’ Association (LAA), the leasing and factoring market in Latvia has grown 11.8 per cent this…
#banks#interest#leasing
The Sejm has begun work on a bill setting up a National Capital Fund (KFK) to support small-and medium-sized enterprises…
A new venture capital fund, called Novum Hungary Growth Fund, will start operation in the end of the first quarter…
#bank#European Investment Fund#financial institution
Slovakia’s Eximbank plans to support Slovak exports by SKK66bn next year to what presents 7.3 per cent of a total…
#exports#guarantees#poland