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National Bank of Slovakia (NBS) has cut key interest rates by 50 basis points. From Monday, 29 November, the one-day sterilisation repo rate dropped from 3.0 per cent p.a. to 2.5 per cent p.a. and the one-day refinancing rate decreased...
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
In the first nine months of 2004, BRD – Groupe Sociйtй Gйnйrale recorded a volume of Ђ80m from factoring operations,…
The Council of Europe Development Bank (CEB) is providing a Ђ100 m loan facility for Hungary's largest commercial bank OTP,…
#bank#interest#interest rates
There were 35 venture capital transactions in Hungary during the first 11 months of the year, up from 25 during…
#economy
Small companies in the Czech Republic can now have their financial health evaluated by an independent credit agency. A project…
#bank#banks#risk
Post bank said its target was to acquire 10% market share, bank's chief executive officer, Anthony Hassiotis, said. At present,…