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Poland

Small businesses get major banking boost from EU Guarantee...

State bank Bank Gospodarstwa Krajowego (BGK) is launching the EU Guarantee Fund (FPU) which will eventually have a capital of Zl800m - Zl900m and is aimed at facilitating absorption of EU funds by enterprises. The fund will serve as additional...

Another plan to help SMEs

Krajowy Fundusz Kapitalowy (KFK), the country's capital fund should help small- and medium-sized enterprises (SMEs) to obtain funds for investments.…

#financial services#poland#smes


SME bank reports spectacular profit increase, plans to expand

The Nord/LB Polska bank, which serves small- and medium-sized companies (SMEs), made a profit of almost zl.5 million (Ђ1.125m) during…

#bank#Boost#Nord/LB


Atradius branch to offer credit insurance services

The world's second-largest credit insurer, Atradius Credit Insurance of the Netherlands, will soon begin selling insurance in Poland through a…

#Atradius#bank#Deutsche Bank


RPP interest rate decision announced

The Monetary Policy Council (RPP) has increased interest rates by 50 basis points, which means that the prime indication rate…


Bank PKO BP maintains its privatisation plans, SME focus

The privatisation of the largest domestic bank in Poland, PKO BP, might be delayed, but despite this, the fight to…

#bank#management#poland


Citibank looks to SME sector

Citibank Handlowy is looking to tap into the lucrative small- and medium-sized enterprise (SME) market with a new product targeted…

#Access to Finance#acquisition#bank


Polish banks eye SME market

The attention of Poland's banking sector has started to shift to small- and medium-sized firms (SMEs). Consisting of 1.8million active…

#bank#bank loan#bankruptcy


Pekao thinks big by targeting smaller sized businesses

Bank Pekao SA has announced plans to increase its operations in servicing the small- and medium-sized enterprise (SME) sector, taking…

#bank#banks


Banks compete for SME market

The rising demand for loans from small- and medium-sized enterprises (SMEs) has intensified competition among the largest banks, which have…

#bank#banks#economy


EBRD publishes its strategy for Poland

The European Bank for Reconstruction and Development (EBRD) economic report gives Poland high marks, but warns there is still much…

#bank#economy#investment


Upturn in foreign direct investment

Foreign direct investment (FDI) in central and eastern Europe should top Ђ20bn in 2004 and 2005, according to Bank Austria…

Polish leasing firm EFL reports record increase in leased...

Poland's leading leasing company Europejski Fundusz Leasingowy (EFL), the local unit of French banking giant Credit Agricole, had a stellar…

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