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Eastern Europe

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


Hungarian factoring returns to double figure growth

Hungary's factoring market grew 18 per cent to HUF 866 billion in 2010, according to a statement made by Hungarian…


Czech factoring posts 12 per cent growth

Czech factoring market turnover in 2010 grows 12 per cent... (more…)

#bank#banks#compliance


Price competition determines factoring development in 2011

Increasing competition forces Polish factors to reconsider their rates. (more…)

#Clear#economy#financial services


Hungarian insolvency rate up 10.45%

Coface reports a 10.45 percent year on year growth of insolvencies in Hungary, in 2010. (more…)

Raiffeisen remains No1 in Poland

Raiffeisen Bank Poland retained its first position on the domestic factoring market, recording 31 percent increase in turnover to nearly…

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