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Eastern Europe

IFC boosts finance for SMEs and women entrepreneurs

The International Finance Corporation (IFC) has provided a 22.5 million euro loan to Garanti Bank Romania to help finance SMEs in Romania, especially those owned or managed by women entrepreneurs. (more…)

#bank#financial services#international

HFA: New Civil Code is ‘threat for factoring market’

Ferenc Csaki, the president of the Hungarian Factoring Association (HFA) opposes to the draft of Civil Code on factoring. (more…)


Hungarian factoring market growth lower then expected

In 2011 Hungarian factoring turnover grew 3.2 per cent, the Hungarian Factoring Association has reported. (more…)


SME interest in factoring remained relatively low last year

Polish SMEs are still only marginally interested in factoring, preferring their own resources for financing (more…)


Snow grips Factors and their clients in Bosnia and...

Factors in Bosnia and Herzegovina and their clients in the region, remain hampered by freezing temperatures and snow. (more…)


IRF to allocate 10m euros for factoring and guarantees...

The Investment Development Fund (IRF) of Montenegro, has presented a plan for development in 2012, at a recent press conference…


Czech factoring grows 14 per cent in 2011

Tweet Follow @BCRpublishing The Czech Association of Factoring Companies has released their 2011 factoring market results. Czech factoring companies funded receivables…

#bank#financial services#management


Raiffeisen Bank: factoring turnover in 2011 totalled 15.8 billion...

Raiffeisen Bank Poland has maintained top spot in the Polish factoring market, noting an 18 per cent increase in annual…

#bank#crisis#poland


PFA: Double-digit factoring growth expected to continue in 2012

Factoring turnover of Polish Factors Association (PFA) member companies in 2011 amounted to 67.1 billion zloty, 19 per cent higher than…


KUKE: Export market to grow by 11.5 per cent...

The Export Credit Insurance Corporation (KUKE), an insurance provider for Polish SMEs, has predicted that the export market in Poland…


SME secures international export finance deal

Rabobank has provided ZhL, a Ukrainian confectionery company, with a five-year credit export finance deal. (more…)


EBRD pledges USD100m to support Ukrainian SMEs

The European Bank for Reconstruction and Development (EBRD) has launched a USD100 million lending facility for MSMEs in the Ukraine.…

Polfactor becomes BRE Factoring

Polfactor, a leading representative of the factoring industry in Poland, and part of the Group of BRE Bank, has changed…

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