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Eastern Europe

CAC Leasing takes over leasing business from HVB

CAC Leasing Slovakia, a.s. has taken over the leasing activities of HVB Leasing Slovakia, s.r.o. CAC's majority owner, Bank Austria Creditanstalt group, implemented the move. CAC Leasing expects leasing turnover next year to reach more than SKK1bn. CAC Leasing has...

#bank#leasing

Bulbank extends BGN 10m in to SME loans in...

Bulbank extended loans totalling over for above BGN 10m to small companies during the first month of the promotional programme…


Bank granted Ђ20m EBRD loan to support SMEs in...

The European Bank for Reconstruction and Development (EBRD) lent Ђ20m (some Kc630m) to Czech bank Komercni banka to support small-and…

#bank#European Commission#smes


Government launches HUF 80bn loan program for municipalities and...

The government is launching three new loan programs in the total amount of HUF 80 billion (US$420m) to assist investments…

#bank#banks#economy


Polish factoring firm Stock Market debut set for December

Eurofaktor, Poland's fifth-largest factoring company, will debut on the Warsaw Stock Exchange in December 2004 after completing institutional subscriptions during…

#bank#international#international factoring


Inter-Europa Bank to borrow Ђ25m to finance SME projects

Inter-Europa Bank will take out a Ђ25m loan from parent bank SanPaolo IMI SpA under a recently signed agreement to…


Nearly 14 per cent growth in Lithuania's factoring market

The aggregate factoring portfolio of Lithuanian banks and leasing firms at the end of September was LTL 590.3 m, up…


CSOB Slovak branch nets SKK 540m in 9M

The Slovak branch of the Czech bank CSOB raised its net profit to SKK 539.35m in Jan-Sept 2004 from CZK…

#bank#banks#insurance


EBRD to open US$10m credit line to Agio bank...

The European Bank for Reconstruction and Development (EBRD) is to open a US$10 m direct credit line to AGIO Bank…

#3M#bank#forum


HVB announces plans to enter the factoring market and...

Matthias Kunsch, managing director of HVB Bank Hungary announced that, contrary to earlier plans, HVB did not set up a…


KUKE improves results, as more firms are eager to...

KUKE, the Polish export credit insurance agency, has collected contributions worth nearly ZL64m over the first three quarters of the…


Foreign investment to break US$5bn in 2004

Since the beginning of the year up to the end of September, 164 foreign entities announced, or actually carried out…

#crisis#investment#investments

Factor is new player on Warsaw Stock Exchange

Eurofaktor, Poland's biggest non-banking factoring company, was one of six new companies to enter the Warsaw Stock Exchange on Friday.…

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