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Eastern Europe

Hungary factoring turnover rises 39%

Factoring turnover in Hungary rose by 39% in the first half of 2016 compared to the corresponding period of 2015, the head of the Hungarian Factoring Association has announced (more…)

#non-recourse factoring#Paid#recourse factoring

EBRD funds Raiffeisen Factoring

The European Bank for Reconstruction and Development (EBRD) has agreed to a EUR90m loan to Raiffeisen Factoring in order to…

#bank#Raiffeisen#smes


UniCredit completes first ever Romanian BPO

UniCredit has announced that it has successfully completed the first Bank Payment Obligation (BPO) transaction ever carried out in Romania,…

#bank#First Bank#management


PFA reveals first quarter figures

The Polish Factoring Association (PFA) has announced the figures for the first quarter of the year 2016 (more…)

#banks#commercial finance#ING


UniCredit Romania increases factoring operations

UniCredit Bank, Romania has reported that it increased its factoring operations by 31.6% last year to some EUR886m (more…)

#bank#Unicredit


Romanian factoring market rises by a third

Romania’s factoring market grew last year by 35% to EUR3.65bn, supported mainly by small and medium-sized companies with up to…

#Romanian Factoring Association


VTB Bank in factoring discussions with Embassy of the...

In January, the Embassy of the Republic of Belarus and VTB Bank held a meeting on the use of factoring…

#bank#exporters#exports


Polish factoring turnover increases

Factors from the Polish Factors Association (PFA) reported at the end of 2015, a total turnover of ZL134.33bn. Compared to…

#crisis#Executive Committee#non-recourse factoring


Piraeus Bank’s new online factoring services

Piraeus Bank Romania is now offering its clients new online factoring services with Neurosoft's e-factoring and SCF solution Tesla (more…)

#bank#e-factoring#financial services


Akcept Finance signs new factoring deal

Akcept Finance has signed an annex factoring deal with a company operating in baking industry (more…)


Annual Polish Factoring Congress

The sixth International Factoring Congress was held at Warsaw Marriott Hotel on 17th of September 2015 (more…)

#Atradius#bank#Executive Committee


Raiffeisen Factoring signs EUR40m loan

The European Bank for Reconstruction and Development (EBRD) has agreed to provide a loan of up to EUR40m to Raffeisen…

#bank#funding#international

EBRD with Bulgaria SME visit

A delegation representing the European Bank for Reconstruction and Development (EBRD) led by Matteo Patrone, the Bank’s Regional Director for…

#bank#economy#international

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