Better collateral rules to help SME loans

Parliament yesterday approved a cluster of laws related to European Union accession, including a law on public waterworks and sewage treatment and an amendment to the Civil Code improving rules on collateral to allow movable assets to be used against loans. The latter change is expected to increase lending to small and medium-sized enterprises (SMEs).

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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