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Europe

GMAC Commercial Finance opens Polish office and secures deals...

GMAC Commercial Finance (GMAC CF) has today announced its success in securing six commercial finance deals in Poland, worth over Ђ18 million (78.8 million Polish Zloty). The announcement follows the opening of the GMAC CF Polish office in Warsaw this...

#commercial finance#export finance#financial services

Trade financing and credit insurance

“In Sweden commercial banks provide loans to larger companies and niche banks lend to smaller firms. Such credits have typically…


IFC launches project for developing leasing in the Ukraine

The International Finance Corporation (World Bank group) has launched a technical aid project to develop leasing in the Ukraine, Edward…


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…

#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


Criminals “joining finance firms”

People involved in organised crime are applying for jobs in finance firms so they can commit fraud, the Financial Services…


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


Confidence in collecting the cash will reduce the barriers...

The Better Payment Practice Group (BPPG) is reminding budding entrepreneurs during Enterprise Week (15th-21st November 2004) that confidence in credit…


ICO to increase assistance to SMEs

In Spain, Instituto de Crйdito Oficial (ICO), a state-owned corporate entity attached to the ministry of economy and finance, plans…


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…

47% ICAEW members think use of invoice finance is...

Recent research conducted by the Institute of Chartered Accountants in England & Wales (ICAEW) revealed that the SME sector is…

#bank#cash-flow#invoice

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