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A new venture capital fund, called Novum Hungary Growth Fund, will start operation in the end of the first quarter of 2005, the BBJ learned. The fund will manage Ђ20m and fundraising is in progress, said Jozsef Kover, director of...
#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
Asset based financier, Venture Finance, today announces the appointment of Fraser Irvine, as business development manager for its Leeds office.…
#Business Development Manager#guarantee#guarantee scheme
Activist investment boutique Dawnay Day has lifted its stake in factoring firm Ultimate Finance. Dawnay Day has picked up 540,000…
#investment#unpaid invoices
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
Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…
Italian banking group UniCredit is preparing to launch a Ђ300m bond securitising credit granted to small-and medium-sized enterprises (SMEs) in…
#risk#securitisation#smes
The Export Risk Guarantee Agency (ERG), which is based in Zurich, provides export insurance. Conditions are based on law SR946.11…
Asset based financier, Venture Finance, has scooped the TFG best debt provider award. The TFG awards are held annually and…
#awards
The UK, on the whole, is a good place to do business. That’s the verdict of a recent in-depth survey…