Romania

Romania's factoring industry holds significant growth potential as we enter the final weeks of 2006, according to Ryszard Lublinski, general manager of ING Commercial Finance

ING Commercial Finance (ING CF) Romania has confirmed factoring veteran Ryszard Lublinski as the business unit's new

ProCredit Bank and Citibank Romania signed an agreement regarding a syndicated loan with a five-year maturity, to use in financing micro-enterprises

ABN AMRO Romania intends to remain a niche bank, focusing on the small- and medium-sized enterprises (SME) sector and takes into account the establishment of

Compania de Factoring, a company specialised in funding receivables, intends to achieve a turnover worth over euros 550m in the next 3 years

BRD Groupe Société Générale reported for the first nine months of the year a total volume of factoring operations 45 per cent more than in the corresponding period of last year, at 

ING Commercial Finance, the specialised factoring service division of the ING Group, will mainly target small entrepreneurs and focus on domestic factoring, according to Ryszard Lublinski

Small- and medium-sized enterprises (SMEs) have easier access to credit but the cost of loans is still high, said the president of the National Agency for SMEs

Intermarket Bank, the Austrian finance provider, has secured a 50 per cent share in Romania's

Entrepreneurs across Romania will have more access to finance to build or expand their businesses with the help of a EBRD loan to OTP Bank Romania, a subsidiary bank of OTP Bank Group of Hungary