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Eastern Europe

‘The Croatian economy suffered greatly in 2020’

The Croatian economy suffered greatly in 2020, recording an eight per cent fall in... (more…)

#World Factoring Yearbook

SME Finance raises EUR 120m to support local SMEs

The Lithuanian fintech company SME Finance raised EUR 120m investment from a UK fund in... (more…)

#bank#banking services#digital


Romanian fintech sees 60% increase in factoring demand

The SMEs demand for factoring has increased by more than 60% during the first six months... (more…)

#Instant Factoring


HPD Lendscape chosen to support Banca Transilvania growing factoring...

Banca Transilvania, the largest bank in Romania in terms of assets, has selected ... (more…)

#HPD LendScape


Bulgarian Development Bank to absorb its factoring subsidiary

State-owned Bulgarian Development Bank (BDB) is requesting the approval of the regulator to be able to absorb its fully-owned unit…

#Bulgarian Development Bank


‘E-invoices will improve the economic environment’ in Serbia

The Minister of Finance, Sinisa Mali, explains the improvements of the new... (more…)

#digital#e-invoices#electronic invoicing


Estonian tech firm launches reverse factoring platform for Ukrainian...

Estonian financial technology company SupplierPlus has launched a reverse factoring platform for... (more…)

#bank#conference#funding


TBI Bank and Instant Factoring partner to offer new...

TBI Bank, one of the leading phygital (blending digital experiences with physical ones) lenders in the South Eastern European region,…

#Instant Factoring


Romanian factoring market steady at EUR 5bn in 2020

According to Romanian Factoring Association (ARF), in 2020 the factoring market remains at about the same level as the previous…

#international#Romanian Factoring Association


Factoring and supply chain financing in Republic of North...

Dragan Dameski, Partner at Debarliev, Dameski & Kelesoska, describes the... (more…)

#supply chain finance


iFactor surpasses €625,000 funding target through Seedrs campaign

iFactor, a Romania-based hybrid B2B marketplace for alternative SME liquidity, has successfully secured its initial €625,000 funding target and is…

#alternative financing#bank#liquidity


ECB grants banking licence to a new factoring player...

On the proposal of the Bank of Lithuania, the European Central Bank (ECB) has issued a... (more…)

#alternative financing#bank#banks

Company insolvencies set to rise in Poland in 2021

The number of corporate insolvencies in Poland will increase by... (more…)

#insolvencies

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