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Eastern Europe

EBRD boosts funding to Bosnian small businesses with EUR8m...

The European Bank of Reconstruction and Development (EBRD) has boosted the availability of financing to the real economy in Bosnia and Herzegovina with an EUR 8 million loan to Partner Microcredit Foundation for on-lending to micro and small enterprises (MSEs)....

Czech Republic struggles with deteriorating payment discipline

Czech company payment behaviour is the worst since crisis of 2009. (more…)


Granite Bank to offer factoring in supermarkets

CO-OP Hungary entered a strategic partnership with Granite Bank. (more…)


World Bank approves financing increase to Bosnian SMEs

The World Bank s Board of Executive Directors has approved an additional financing loan of EUR 90.1 million (US$120 million)…


Independent factors struggle to affect market growth

The Hungarian factoring market continued to slow down in the Q1 2012. (more…)

#bank#banks#international


Steel company to receive EUR46 million factoring finance

Polish factor signs up a big factoring contract. (more…)


IFC and Garanti Bank expand trade finance availability for...

The International Finance Corporation (IFC) and Garanti Bank are joining forces to expand the availability of trade finance for importers…


Czech factoring market stays strong in first quarter

Volume of receivables purchased in the first quarter of 2012 rose by two percent. (more…)


Factoring companies' turnover up by 31 per cent

Members of the Polish factors' association, PZF, recorded PLN 18.4 billion turnover in the first quarter of 2012, up by…


Government to create trading house to support SME exports

The government of Hungary has agreed to establish a Trading House to support SME exports, citing a draft of a…

#bank#economy#exports


Credit Agricole Poland Commercial Finance to start operations

Credit Argicole Poland Commercial Finance, new factoring provider, announces starting of operations. (more…)

#commercial finance#Credit Agricole#international


ARF: Romanian factoring volume grew 43 per cent in...

The Romanian factoring market increased by 43 per cent in 2011, reaching a volume of almost EUR 2.6 billion, according…

Pragma Factoring exceed financial projections

Preliminary financial results from Pragma Factoring SA for the past year point to a nearly twofold increase in revenues compared…

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