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Eastern Europe

Millennium Bank gains EBRD credit line for on-lending to...

The EBRD is increasing the availability of financing to the real economy in Romania with a 20 million credit line to Millennium Bank Romania for on-lending to small and medium-sized enterprises (SMEs). The funds will be used for mid-term financing...

#bank#European Commission#smes

Bright prospects for Polish factoring

Polish Factors Association (PFZ) reports a 34.6 percent market increase in the first semester of 2010. (more…)


Factoring market is on the rise

Czech factoring companies financed purchase of claims for Kc50.3bn in H1... (more…)


Universal Insurance Alliance gets license for provision of credit...

The State Commission for the Regulation of Financial Services Markets issued five insurance licenses to Universal Insurance Alliance (Kyiv)... (more…)

#financial services#guarantees#insurance


IFC provides finance for agribusiness

IFC, a member of the World Bank Group, is providing Serbia’s Société Générale Banka Srbija with a €40 million loan…


Ukranian factor in liquidation

Ukrainian factor BIG Energia has ceased operations and entered into liquidation; the Central Bank of Ukraine forwarding an official letter…


Czech factoring market up 13.6% in H1 2010

Czech factoring companies financed purchase of claims for CZK50.3bn in H1, a year-on-year rise of 13.6 percent, according to data…

#economy#financial services#import factoring


IFC supports SMEs through loan to ProCredit Bank

IFC, a member of the World Bank Group, today said it will provide a 20 million euro loan to ProCredit…


Factoring in Lithuania – World Factoring Yearbook

Paulius Joksas, Head of Working Capital Financing Sub-department at Swedbank in Lithuania, provides Factorscan with an overview of the Lithuanian…

#alternative financing#interest rates#management


EximBank offers exporters receivables finance solutions

Romania s EximBank is offering Romanian exporters a range of receivables finance based products to provide working capital and (more…)

#exporters#exports#guarantees


Factoring in Bulgaria – World Factoring Yearbook

Filip Genov, Executive Director at UniCredit Factoring in Bulgaria, provides Factorscan with an overview of the Bulgarian factoring market covering…

#bank#international#International Trade


Factoring in Poland – World Factoring Yearbook

Miroslaw Jakowiecki, President of the Board at Pekao Faktoring and Tomasz Biernat, Senior Manager at Pekao Faktoring in Poland provide…

Coface warns insolvencies could rise in Romania

Insolvencies in Romania could rise 63 per cent this year, according to ratings agency Coface. Coface told (more…)

#insolvencies#insolvency

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