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Eastern Europe

Estonian banks ‘still weak in control systems’ against money...

Banks in Estonia have not yet plugged all the gaps in their money laundering controls, the Baltic state’s regulator told Reuters, pledging to maintain a clampdown in the country at the centre of one of Europe’s biggest financial scandals. Estonia’s...

#anti-money laundering

Number of Polish bankruptcies declined in May y/y

In May, 44 companies went bankrupt in Poland... (more…)

#bancruptcy


International factoring as financial instrument to support development of...

Sergii Karasov1, legal adviser of the non-banking factoring company Faktoro, Lithuania... (more…)

#international factoring


Romanian online factoring provider granted over 1,900 finance facilities

Instant Factoring granted 1,930 finance facilities to small companies and micro-enterprises worth... (more…)

#Instant Factoring


Coface strengthens its market position in the Adriatic region

Coface announces the acquisition of..., the market leader in credit insurance in... (more…)

#bank#exporters#exports


Romania’s Instant Factoring names country manager

Romanian online microfinancing start-up Instant Factoring said on Tuesday... (more…)

#Instant Factoring


Croatia mandates B2G e-invoicing from July 2019

Croatia has joined the European countries that mandated the use of e-invoicing in public procurement processes as outlined in Directive…

#e-invoices#invoice#poland


Lithuanian factoring company may apply for bank licence

Lithuanian factoring company...is considering the possibility... (more…)

#bank#Two


Romanian online factoring firm names co-founder as CEO and...

Instant Factoring, the first Romanian online micro-factoring company, is making strategic changes in its organizational... (more…)

#Instant Factoring


Finnish company launches invoice finance services for SMEs in...

...announces the launch of services for small and medium sized enterprises (SMEs) in Poland through its business brand... (more…)

#digital#international#invoice


New currency control regime In Ukraine to impact factoring...

On 4 January, the National Bank of Ukraine (NBU) approved and published a number of regulations... (more…)

#bank#funding#guarantees


Netherlands fintech start-up acquires Lithuanian factoring company

...announced the successful conclusion of the 100% acquisition of... (more…)

#Factris

Hungarian online invoice system contributes to “whitening economy”

Hungary’s comprehensive online invoicing system has been operating seamlessly since its introduction in July 2018 and has contributed to a…

#digital#economy#invoice

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