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Eastern Europe

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…


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…

#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…)

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