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Eastern Europe

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 in Podgorica. (more…)

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…


New EBRD credit line for on-lending to SMEs in...

The European Bank for Reconstruction and Development (EBRD) has increased the availability of financing to MSMEs in Serbia with a…

#bank#economy#smes


Lithuanian short-term export-credit insurance scheme receives commission approval

The European Commission has found a Lithuanian short-term export credit insurance scheme to be in line with EU state aid…

#European Commission#export credit insurance#exporters


EIF grants loan guarantees to Unicredit

The European Investment Fund (EIF) and UniCredit Tiriac Bank S.A. have signed a guarantee agreement under the Joint European Resources…

#bank#EIF#guarantees


FYRM uses factoring to stimulate export

The Former Yugoslavian Republic of Macedonia s (FYRM) Vice Premier has outlined the government's policies for financing export. (more…)

#bank#exporters#guarantee

GE Capital sets-up new factoring business in Poland

GE Capital, a provider of mid-market and SME finance, has launched a factoring platform in Poland called Factoring BPH, via…

#accounts receivable finance#AR#bank

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