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In 2023, the Czech economy shrank by 0.3 per cent due to high inflation and tight monetary policy, which dampened domestic demand. Petr Fiala, Head of Trade & Export Finance, Factoring, ESG, Raiffeisenbank a.s. describes the local factoring market in...
#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
Tradewind Finance, an international trade finance provider, has announced credit facilities for two trading companies based in Bulgaria that specialise…
#Desislava Yordanova#Tradewind Finance#working capital
IFC has partnered with the Central Bank of the Republic of Kosovo (CBK) to develop and expand digital financial services…
#Central Bank of Kosovo#IFC#SECO
In the first six months of this year, Polish factoring companies associated with the Polish Factors Association (PZF) recorded a…
#factoring#Polish Factoring Association
Comarch, a strong IT solutions provider based in Poland, and DSK Bank, a key financial institution in Bulgaria and part…
#Comarch#DSK Bank#Iuliia Toporova
European investor Pollen Street Capital invests €35m in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses…
#bank#management#platforms