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European funds alloted to SMEs to access consulting services are regarded as insufficient by the Bucharest Regional Development Agency. (more…)
Coface Romania says that the annual rate at which the companies from Romania go bankrupt is set to rise in 2007.…
The selling of default accounts receivable by banks will be a very profitable business for companies operating in debt recovery in…
Coface to follow April's commercial credit insurance launch with a factoring company next year. (more…)
#cash-flow#Commercial Credit#insurance
SMEs are being encouraged to table applications for the RON40m funds made available by the EU. (more…)
Revenues at insurance companies in Romania, from credit insurance policies, reached 112.3 million euros (396 million RON) last year, registering…
The Romanian Development Bank (BRD) performed factoring operations worth 700 million Romanian lei ($305 million/224 milion euro) in the first…
#assignment#bank#management
Through its first rural facility in Romania, the EBRD is lending Casa de Economii si Consemnatiuni SA (CEC), EUR10m to promote…
Facility to help promote private-sector growth in Romania. In its first factor finance project across its 29 countries of operations,…
Companies that provide financial services from the European Union continue to notify the NBR (National Bank of Romania) of their…
#bank#financial services#international
Credit Europe Bank, the former Finansbank, intends to attract 6,000 clients this year on the segment of small and medium-sized…
BRD Societe Generale last year registered turnover from factoring operations of approx EUR328m, 152 per cent up on 2005, the (more…)
#bank#import factoring#Societe generale
Mihaela Dimitriu, Director Factoring Division, BRD - Groupe Societe Generale SA on the prospects for Romanian factoring activity this year…
#ABN AMRO#Allianz#bank