EBRD to loan 50 million euros to Garanti Leasing

The EBRD is providing a credit line of €50 million to Garanti Leasing (GL), the second largest leasing company in Turkey, owned by Garanti Bank (GB), to expand leasing services to micro, small and medium-sized enterprises ... More

ING to sell car leasing unit

Dutch financial services group ING confirmed on Monday reports that is looking to sell its European car-leasing unit, according to online.wsj.com. The Netherlands’ largest financial company by assets said in a statement ... More

Eurohold Bulgaria to seek BGN 62.5m on the stock market

Financial and industrial group Eurohold Bulgaria expects to raise BGN 62.5 million on the stock market through a share issue, it said on Wednesday. Via the transaction, approved by its board of directors on December 21, ... More

Oriens starts equity investment in Bulgaria

Hungarian private equity firm Oriens closed its first equity fund at the end of December and will put some of the capital in Bulgarian investments, the company said. Danube Fund raised USD 20 million, which will be pumped in ... More

Intralot signs USD 140 M contract in Jamaica

Greek gaming operator Intralot announced that through its wholly owned subsidiary Intralot Jamaica, it will launch the operation of Fixed Odds Betting in Jamaica, verifying eralier reports from ReporterNET.com. The duration of ... More

Hypo Alpe Adria Leasing will build luxury business center in Skopje

The cornerstone for a new Hypo Alpe Adria Leasing business building will be laid today, which will be located right next to the Mi-Da Motors car dealer in Skopje. As announced a couple of months ago by the general manager of ... More

Leasing market grows in Croatia

The leasing market in Croatia registered a growth in the first eight months of 2008, with companies which recorded 28,000 active contracts worth a total of a billion euro, or 200 million euro more compared to the same period of ... More

Lok microcrediting gets A rating from Planet Rating

Planet Rating – a global microfinance rating agency – has given an A rating to the Sarajevo-based Lok mikrokreditna fondacija. The rating indicates that Lok maintains positive trends in profitability and efficiency, ... More

EFSE secured loan of EUR 10 million for Mikrokreditna fondacija Partner

The European Fund for Southeast Europe (EFSE), one of the largest investment funds in the world, has approved a EUR 10 million credit line to microcredit organization Mikrokreditna fondacija Partner (MKF) from Tuzla. The loan ... More

Eurohold sets up leasing unit in Macedonia

Financial services holding company Eurohold Bulgaria would expand its regional leasing business with the launch of Eurolease Auto Skopje in Macedonia. The new company is expected to be duly licensed and commence operation by ... More

First regional conference for investors from capital market of Southeast Europe in Zagreb

The aim of the conference is presentation of the most successful regional companies and capital markets, as well as attracting of new investors. Listed companies will be presented at the conference. Also, bilateral talks ... More

Businessmen, Shipowners to form Investment Fund

Greek businessmen and shipowners join forces to create an investment fund with total assets of around EUR 600 million. Many well-known Greek businessmen will participate in the fund, including former Vivartia President and Head ... More

9 co's to provide leasing options under EU program

The Bulgarian economy ministry last week signed agreements with Interlease, Vanto Leasing, Eurolease Auto, EFG, Deutsche Leasing and Union Leasing to provide flexible financial lease options under the EU-backed competitiveness of ... More

Leasing market to reach EUR 4.3 bln

The local leasing market is set to reach EUR 4.3 bln in 2007, registering a 32 per cent growth as against its 2006 level when goods worth over EUR 3.26 bln were financed, Kerem Sekizyarali, the President of the Leasing and ... More

Middle Europe Investments enter Bg, Rom market

The Dutch investments administration company Middle Europe Investments set up an investments fund that will finance small-sized companies in Bulgaria and Romania. The fund was launched with a capital of 25 million euros and ... More

Porsche Leasing launched the first car leasing in Swiss Francs on the market

Porsche Leasing, member of Porsche Financial Group, launched the first car leasing in Swiss Francs on the Romanian market, with the possibility to conclude the contract over a period of 12 to 72 months, with an advance payment of ... More

Piraeus Bank buys local leasing co

Piraeus Bank said it has acquired leasing company Dirent Bulgaria in a deal that is seen as a boost to the lender' operating leasing business. The price of the 100% take-over was not disclosed. Dirent owns 5 mln euro in ... More

Egnatia Leasing funds EUR 43 million goods

Egnatia Leasing funded goods worth EUR 43 million in the first quarter of this year, three times the amount for the same period in 2006.The company, a division of Egnatia Bank, closed around 1,000 contracts in the first three ... More

Italo-Romena Leasing signs EUR 80 million contracts

Italo-Romena has signed at the end of 2006 contracts worth EUR 80 million, said the bank’s general director, Athos Varusio. Almost 40 percent of the contracts were signed for auto leasing. The company estimates for this ... More

New Status Capital fund to invest in financial companies

Bulgarian asset management company Status Capital has secured the approval of the local financial regulator to launch a new contractual fund. Status Finance will invest up to 90% of its assets on the equity markets of the EU, ... More