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Bp Bank offers new credit products for SMEs

Budapest Bank Rt's (Bp Bank’s) corporate division announced the introduction of new products targeted at small businesses with annual revenue of up to Ft 50 m (€200,000).  The products include a special current account which allows businesses to overdraw up...

Bulgarian government hires foreign factoring company to recover debts

The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts…

#funding#management


UniCredit purchases stake in Yapi Kredi

UniCredit Group said it had reached a definitive agreement for the acquisition of a 57.42 per cent stake in Yapi…


Romanian Bank for Development nets profits from domestic factoring...

Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…

#bank#insolvency#international


Ireland needs a shake up in credit management

Ireland’s need to come out of the dark ages was what emerged yesterday at the Irish Institute of Credit Management’s…


Enterprise Finance Europe support expansion of MMF Group

Enterprise Finance Europe has provided asset-based funding for the Smethwick based MMF Group, which will allow MMF to expand further. …


FDA Announces 2004 Award Winners at Annual Dinner

This year’s themed Annual FDA Dinner was held at Excel in Docklands last Thursday and proved to be an immensely…

#awards#commercial finance#invoice


Maybank sees big growth in SME loans

Maybank has struck an alliance with Global Information Technology provider’s Intel to offer SME’s two forms of financing.  Currently SME…


Late payments cost transport and communication businesses 46,440 hours...

The business services sector remains one of the worst hit for late payments, according to independent research carried out by…

#bank#commercial finance#invoice


Standard Chartered Bank launch new products for SME banking

Standard Chartered Bank (SCB), last week, unveiled two new business products tailored to SME’s, at the Uganda Manufacturers Association Conference. …

#bank#conference#financial services


Parex Bank seizes leasing opportunities in CIS countries

The Latvian bank Parex plans to exploit leasing opportunities in the transport sector by targeting the Commonwealth of Independent States. …


Hansabankas report 55% growth in leasing services

The Hansabankas Group has seen its leasing contracts grow by 55% from the same period last year to LTL 338.4m…

#economy#financial services#investment

Ђ2.5m credit line for SME’s granted by Siauliu Bankas

The Lithuanian Bank Siauliu Bankas and the Council of Europe Development Bank (CEB) have signed an agreement for a €2.5m…

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