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Europe

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 Czarnecki, said the money will be spent on credit for medium-sized enterprises. Source: Warsaw Business Journal

#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


Coface to separate chairman and chief executive posts

French credit insurance group Coface has decided to separate the roles of chairman and chief executive, in line with practices…


Survey highlights Ј1bn in unpaid invoices

Businesses in Scotland could be losing Ј1bn a year in unpaid invoices. A survey into business payment habits by Intrum…


Fraud reduces Factor 21 third-year profits

Factor 21, the Oxfordshire-based factor, has announced pre-tax profit of Ј177,693 for the year ended 30 June 2004 on turnover…


Bibby report suggests SMEs dissatisfied with banks

One of the leading small business cash flow specialists Bibby Financial Services is urging owners and managers to explore the…


EBRD to buy bank’s additional issue preferred stock, capital...

The European Bank for Reconstruction and Development (EBRD) will acquire preferred stock from an additional issue by International Moscow Bank…

#bank#interest#international


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


European funding to redress SME funding gap in South...

The European Objective 2 Programme for the South West has made its biggest grant to date, contributing Ј9.6 million towards…


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


Independent Growth Finance appoints new Finance Director

Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has strengthened its management team after appointing…

#business finance#financial services#IGF


The future is bright for NACFB ‘Factor of the...

The Cattles Invoice Finance group recently announced a pre-tax profit of Ј2.81m for the year ended 31 December 2003 (see…

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

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