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Eastern Europe

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 Factoring Association (MFSz) chairman Ferenc Csáki at a press conference on Friday. (more…)

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…


Record growth for Polish Factors

Members of Polish Factors Association, posted a 30 percent year-on-year increase in their aggregated turnover in 2010. (more…)

#bank#commercial finance#financial services


Bankruptcies decrease in Poland

Polish news site Parkiet has reported a decrease in the number of company bankruptcies in Poland. (more…)


Report comparing Polish factors issued

Financial portal has issued a report on the polish factor s services. (more…)

#bank#banks#invoice


UniCredit Group consolidates assets in Ukraine

Ukrsotsbank prepares for merger with Unicredit Bank (Ukraine) in 2011. (more…)

#bank#banks#Two


Inkaso Pragma Group acquires GF Premium

Pragma Collection SA, a debt trading and collecting company, is purchasing a majority share in... (more…)


Payment discipline improves, but how long it would last?

Entrepreneurs have already noticed an improvement in payment discipline, but the forecast for the fourth quarter is uncertain. (more…)


Climbing back from recession

Edgars Niedra, Senior Specialist, Trade Finance Department at Joint Stock Company Trasta Komercbanka, discusses the Latvian factoring industry s dramatic…

PFA: Factoring returns to dramatic growth in Poland

Miroslaw Jakowiecki, Chairman of the Executive Committee of the Polish Factors Association, discusses the PFA s third quarter results and…

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