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EBRD allocates $350m to small business over five years

The European Bank for Reconstruction and Development (EBRD) has allocated $350m to 60,000 borrowers over five years as part of a small business financing programme in Kazakhstan, EBRD deputy vice president David Hexter said today (6 October). The EBRD is...

Financial services bounce back takes hold – survey suggests...

Financial services companies' confidence improved more than at any time in the last four years as business grew at its…

#banks#Boost#financial services


SGDB sells its share in VUB Factoring for a...

The Slovak Guarantee and Development Bank (SGDB) is selling its 1.3 % share in VUB Factoring Inc. to VUB Bank…

#bank#guarantee


CSOB Leasing becomes a market leader in first half

CSOB Leasing Inc. became a leader in leased volume, according to Leasing Companies Association achieving a market share 16.9% in…


Minister confirms that PKO BP-PZU capital merger is on

State Treasury Minister, Piotr Czyїewski, has confirmed earlier rumours in the press concerning plans for a capital merger between the…

#bank#insurance


Study predicts adoption of Euro in 2009/2010

The Czech economy should adopt the euro in 2009-2010, says a document compiled jointly by Czech National Bank (CNB) and…

#bank#economy


Foreign direct investment in Russia could hit $6.5 bn...

Foreign direct investment (FDI) in Russia could hit $6 billion - $6.5 billion in 2003. FDI has been growing at…


Finance Ministry: corporate tax rate unlikely to fall beyond...

No additional cuts in the corporate tax rate are likely beyond the government's current plan to reduce the rate from…

#forum#investment


Interest burden declines more for mid-sized companies

The effects of the steady decline in the interest rates have been sharply divergent for frontline companies (large and mid…

#economy#interest#interest rates


Many small firms unable to withstand downturn for three...

More than half of the chief executive officers (CEOs) of the country’s small and medium sized enterprises (SMEs) say they…


Serbia to host SME conference

The Serbian Ministry of Economy and Privatisation will organise the first international conference entitled Small and Medium-Sized Enterprises - New…

#bank#conference#international


Monetary Policy Council cuts mandatory reserve rate to 3.5%

The Monetary Policy Council (MPC) has cut banks' mandatory reserve level from 4.5% to 3.5%. The reduction of mandatory reserves…

ECB leaves interest rates unchanged

Outgoing European Central Bank (ECB) president Wim Duisenberg scolded Europe's governments on Thursday over their bloated budget deficits as the…

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