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Eastern Europe

Mastercard & BRD – Groupe Société Générale take the...

Mastercard Romania and BRD - Groupe Société Générale announce the local implementation of... (more…)

#bank#First Bank#security

Polish factoring market turnover up in first half of...

Factoring companies members of the Polish Factors Association (PZF) recorded a turnover of... (more…)

#poland#Polish Factors Association#PZF


EC approves €2.6bn Polish scheme to support companies affected...

The European Commission has approved a €2.6bn (PLN 11.5bn) Polish state guarantee on factoring products... (more…)

#European Commission


Two invoice finance platforms join forces to finance Romanian...

Romanian start-ups Cubus Arts and Instant Factoring integrated their two platforms... (more…)

#Instant Factoring


Poland announces plans to implement e-invoicing platform

As the next step in continuing efforts to reduce the VAT gap, the Polish Ministry of Finance has... (more…)

#bank#interest rates#invoice


Croatia’s Erste&Steiermarkische Bank gets regulatory approval for merger with...

The Croatian Financial Services Supervisory Agency, HANFA, said it has... (more…)

#Erste Factoring


Non-payment debtor risk in case of force majeure

Sergii Karasov, lawyer and project manager for international factoring, Faktoro, Lithuania, give us some hints on how to cover debtor non-payment risk based…

#international#receivables#receivables financing


Factoring up 16% in Poland

Turnover of factoring companies in 2019 reached... (more…)

#PZF


Factoring company PayRay gets banking license in Lithuania

Following the assessment and proposal of the Bank of Lithuania, the European Central Bank granted... (more…)

#bank#banks#smes


EBRD raises trade financing limit for Ukrgasbank to US$80m...

The European Bank for Reconstruction and Development (EBRD) has increased trade financing... (more…)

#bank#exporters#guarantees


Romanian invoice financier raises €0.5m funds

Instant Factoring, a Romanian start-up that offers online factoring to small entrepreneurs... (more…)

#Instant Factoring


Comarch introduces cross-sector AI platform

Poland-based e-invoicing company Comarch has introduced a cross-sector artificial intelligence... (more…)

#Comarch

Romanian factoring market reached €2.25bn in S1/2019, up 2%

The factoring market registered an advance of only 2% in the first six months of... (more…)

#bank#management#payment behaviour

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