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Filip Genov, Executive Director of UniCredit Factoring and Hasibe Mustafa, Head of International at Unicredit Factoring in Bulgaria, talk to Factorscan about the make-up of the Bulgarian factoring market, the rising significance of reverse and international factoring to the Bulgarian...
Insolvencies have increased by 141 percent in the first nine months of 2009, according to figures released by Coface Bulgaria…
The Bulgarian factoring market experienced a slowing in growth with companies extending deferred payment periods as the global financial and…
Raiffeisenbank and the EBRD have signed a second EUR 10 million Credit Line to be used to promote the financing…
Act on Credit Institutions tightens controls over non-bank financing companies. (more…)
#bank#banks#non-bank financing
The crisis has been a period of opportunity for the Bulgarian factoring market. (more…)
#crisis#financial services#risk
The EBRD extends further financial support to Allianz Bank Bulgaria. (more…)
#Allianz#bank#small business
Filip Genov, Executive Director of UniCredit Factoring EAD, Bulgaria, provides his insights into the factoring industry in Bulgaria. (more…)
#assignment#bank#international
Bulgarian Postbank plans to allocate BGN50m (EUR25.57m) to SMEs as of December 1 (more…)
#bank#interest rate#interest rates
Bulgarian business is showing increasing interest in the services of factoring companies. (more…)
#banks#crisis#liquidity
Coface decides to keep Bulgaria on Negative Watch. (more…)
#crisis#economy#insurance
In a recent interview Philippe Lhotte, Chairman and CEO of Société Générale Expressbank, shared the banks plans for 2009 (more…)
The EBRD is continuing its successful cooperation with Societe Generale Expressbank by extending another EUR5m for on-lending to MSMEs (more…)
#bank#European Commission#funding