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Eastern Europe

Polish factoring – no signs of slow down

Polish factoring volume increased by more then 20 percent in the first quarter of 2011, according to the Polish Factors Association (PFA). (more…)

#bank#commercial finance#ING

Citi Handlowy: nearly doubles factoring growth

Citi Handlowy s diversified product line ensures its factoring volume growth in the first quarter of 2011 (more…)


BGZ Bank to launch reverse factoring

Polish BGZ Bank adds factoring to its product line BGZ Bank has added reverse factoring and receivables management to its…


Romanian credit insurance market divided between three companies

Romanian Specialty Review Insurance Profile has issued preliminary results of the credit insurance industry for 2010, finding that three companies…


The Szйchenyi Plan

The Hungarian Factoring Association is continuing its fight for the inclusion of factoring in the government s plans to support…


Magyar’s acquisition – biggest deal in Hungarian factoring yet

Erste Bank Hungary Zrt purchases 50 percent stake in Magyar Factor Zrt (more…)


Pragma Factoring reports rising revenues

Pragma Factoring reports 34 per cent estimated growth of factoring portfolio in the first quarter 2010 (more…)


Year starts well for polish factors

Factoring companies and banks in the first quarter of this year factored invoices for the sum of nearly PLN 17…

#bank#commercial finance#Deutsche Bank


Hungarian Factoring Association fails to secure state support of...

Hungarian Factoring Association continues to lobby for inclusion of factoring into Széchenyi Plan (more…)

#bank#crisis#economy


The next factoring growth market in eastern Europe?

Belarus has been tipped as the next eastern European market to experience significant growth in factoring in the near future.…


Slovak factoring market leader reports turnover decline in 2010

The factoring turnover of Tatra Banka dropped 19 per cent in 2010. (more…)

#bank#international#Raiffeisen


New name for troubled factor

GF Premium SA changes its name to Pragma Factoring SA (more…)

#acquisition#bonds#management

Coface report continued increase for 2010

Coface Romania has reported an annual turnover of 8.28 million for the year 2010. (more…)

#guarantees#receivables#risk

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