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Eastern Europe

Polfactor signs up to HPD’s Aquarius software

Polfactor SA and HPD Software have announced that HPD s Aquarius solution has gone live in Poland. (more…)

Government to create state export credit agency

The Ukrainian government has established a draft law to create its own export credit agency (ECA). (more…)


Pragma Factoring releases Q3 2011 results

Pragma Factoring has purchased 173 million zl worth of receivables in the third quarter of 2011, a 59 per cent…


ECJ: VAT waived for banks selling non-performing loans

Banks will no longer have to pay VAT when selling non-performing loans to other entities, such as foreign subsidiaries, other…


EBRD loan Ђ25m to BPS to finance SMEs

The European Bank for Reconstruction and Development (EBRD) is lending the leading Polish cooperative bank association, BPS, up to 25…

#bank#MSME#small business


The Bulgarian Factoring Industry

Filip Genov, Executive Director of UniCredit EAD, provides an overview of the factoring market in Bulgaria, covering industry environment, market…

#bank#international#invoice


Businesses’ receivables jumped Ђ500m in H1 2011

The short-term receivables of the 1,600 largest companies in Bosnia s Republika Srpska (RS) in the first half of 2011…

#liquidity#receivables


Pragma Factoring predicts a profitable financial year ahead

Pragma Factoring SA estimates that its gross sales revenue will reach 200 million zl by the end of 2011, with…

#acquisition#management#Vice president


Factoring in Serbia has ‘enormous potential’, says FCI Secretary...

Jeroen Kohnstamm, Secretary General of Factors Chain International, declared that factoring had enormous potential , during the latest Export Factoring…

#banks#conference#international


EBRD launches Ђ60m energy efficiency facility for SMEs in...

The European Bank of Reconstruction and Development (EBRD) has launched a 60 million programme for SMEs in Romania to improve…

#bank#banks#funding


EIB lends Ђ150m to support SME projects

SMEs and mid-cap companies in Poland are set to benefit from the European Investment Bank (EIB) lending 150 million to…


Erste Bank finalises Magyar Factor buyout

Erste Bank Hungary (EBH) has bought out its partner in Magyar Factor, giving it 100 per cent of the factoring…

#acquisition#bank

The Hungarian Factoring Industry

Ferenc Csaki, CEO of Magyar Factoring, provides an overview of the factoring market in Switzerland, covering industry environment, market performance,…

#bank#exports#international

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