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The local debt collection market will increase by some 50 per cent in 2008. (more…)
#crisis#debt collection#economy
There has been a 50 per cent increase in filings for bankruptcy and insolvency in the first year since Romania…
Coface Romania registered 3.3m in turnover last year, increased by 129% compared to the figure registered in 2006, the company…
#3M#debt collection#insurance
Coface estimates its turnover will double in Romania in 2008, up to 6.5m, according to company representatives. (more…)
The Ministry of Economy and Finances will transfer EURO100m into an account opened by the European Investment Fund. (more…)
#economy#European Commission#funding
Profi Credit IFN SA, a member of the Czech financial group Profireal Group, has launched operations on the Romanian market.…
Compania de Factoring, established in 2006 by Bank Viena and Banca Transilvania, has increased share capital. (more…)
Romanian Development Bank, BRD, on Thursday reported a 151% rise in the value of its factoring operations. (more…)
Profi Credit IFN SA, a member of the Czech financial group Profireal Group, set the official date to launch its…
#bank#poland#trade
Coface Romania, local division of French insurance group, Coface, granted 140m in loan insurance in the first eight months of…
#insurance#risk
Banca Comerciala Romana (BCR) launched three new products for SMEs with an annual turnover of €1.8m. (more…)
Only 14% of SMEs have taken out a bank loan, said First Deputy Governor of the Central Bank, Florin Georgescu.…
Raiffeisen Bank has launched a three months with no installments promotion designed for SMEs. (more…)
#bank#financial services#Raiffeisen