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FactorPay IFN SA (FactorPay), a Romanian-based non-bank financial institution, has launched its factoring operations for local micro-small and medium sized companies (MSMEs). The company was set up in June 2024 and has just started to offer factoring for Romanian MSMEs....
#bank#financial institution#invoice
EBRD is providing funding to ProCredit Bank Kosovo for two projects, with financing totalling €13m: A senior loan of up…
#EBRD#ProCredit Bank Kosovo#sme finance
The Latvian Cabinet of Ministers has approved amendments to the Accounting Law. These changes lay the groundwork for a phased…
#digitisation#e-invoices#legislation
The European Bank for Reconstruction and Development (EBRD) is scaling up green economy investments in Kosovo in cooperation with the…
#Anita Kovacic#EBRD#EU
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are increasing support for green economy investments…
#EBRD#esg finance#sme finance
In 2023, the Czech economy shrank by 0.3 per cent due to high inflation and tight monetary policy, which dampened…
#factoring#Petr Fiala#Raiffeisen Bank
In a strategic move to bridge funding gaps for micro, small, and medium enterprises (MSMEs) and green initiatives in Serbia,…
#Erste Bank#green transition#IFC
A senior unsecured loan of up to €15m is going to be provided in three equal tranches, under the SME…
#EBRD#Erste Bank ad Novi Sad#Erste Bank Serbia
Moldovan businesses are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD),…
#EBRD#EU#EU4Business-EBRD Credit Line
Advance Global Capital Ltd (AGC) has announced the increase in its credit facility to Instant Factoring to €7.5m. This decision…
#Advance Global Capital#Cristian Ionescu#factoring
Polish fintech PragmaGO signed an agreement to acquire a majority 89 per cent stake in Telecredit IFN S.A. (Omnicredit), a…
#invoice finance#Omnicredit#PragmaGO
PKO Faktoring reported a turnover exceeding PLN21.5bn (€5.037bn) in the first half of 2024, marking a 50 per cent year-on-year…
#factoring#PKO Faktoring#Polish Factors Association
The European Bank for Reconstruction and Development (EBRD) is providing new guarantees to Ukraine’s banking sector and unlocking €690m of…
#EBRD#risk-sharing#trade finance