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Europe

Transfinance announces new chairwoman

Factoring company Transfinance has named chairwoman of the board of directors (more…)

#i#import factoring#international

Worsening economic outlook knocks SME confidence

Sentiment among Hungarian small- and medium-sized enterprise managers deteriorated in Q3 2006, because of a worsening assessment of the country's…


Experian extends its presence with acquisition of Krediidiinfo

Experian, the global information solutions company, has signed an agreement to acquire Krediidiinfo A/S in Estonia from its management. Krediidiinfo…

#acquisition#banks#Commercial Credit


British Bankers Association reports on bank support for small...

The BBA's monitoring of the main banks servicing the SME market provides the following picture of support for small businesses in…

#bank#management#small business


GE Commercial Finance buys 2 German leasing firms

GE Commercial Finance, part of US diversified conglomerate General Electric Co, said it is buying German leasing firms (more…)


Czech factoring companies turnover up 25pc

Czech factoring companies posted a turnover in the period January to September of (more…)


ProCredit Bank receives syndicated loan for SMEs support

ProCredit Bank and Citibank Romania signed an agreement regarding a syndicated loan with a five-year maturity, to use in financing…

#bank#investment#smes


New rules for Polish Agency for Enterprise Development subsidies...

Small- and medium-sized enterprises (SMEs) will be able to apply for EU subsidies, tol be administered by the Polish Agency…

#Jobs#smes


Eurofactor AG reinforces management

The German factoring subsidiary of Crédit Agricole is further expanding its international business. Eurofactor AG has announced the appointment of…


ABN AMRO Romania focusses on SMEs

ABN AMRO Romania intends to remain a niche bank, focusing on the small- and medium-sized enterprises (SME) sector and takes…


USD30 m loan for Bank St. Petersburg to boost...

The European Bank for Reconstruction and Development (EBRD) has agreed to lend US$30m to Bank St. Petersburg in a transaction…


CSOB Factoring ready for lift off

As a member of a strong banking group, CSOB Factoring is looking to gain new clients via the bank's branch…

Coface releases company bankruptcy report

According to Mikael C. Szabo, head of the Hungarian unit of French credit insurance company Coface, in the period January…

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