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Eastern Europe

Ukranian factor in liquidation

Ukrainian factor BIG Energia has ceased operations and entered into liquidation; the Central Bank of Ukraine forwarding an official letter regarding the recall of the company s banking licence this month. (more…)

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


LitCapital and EIF invest in Lithuanian SME sector

LitCapital is to invest 20 million into Lithuanian SMEs, in the third and final equity instrument to be implemented by…


Factoring in the Czech Republic – World Factoring Yearbook

Tomas Moravek, Chairman of the Board and CEO of CSOB Factoring in the Czech Republic, provides Factorscan with an overview…


EBRD expands trade finance cooperation with UkrEximBank

The European Bank for Reconstruction and Development is stepping up its support to Ukrainian exporters and importers by (more…)

#bank#exporters#guarantees


NLB Factoring records highest growth of market share in...

NLB Factoring has shown the highest growth of market share in the first quarter, according to data released by the…

Factoring in Bosnia and Herzegovina – World Factoring Yearbook

Edin Hadzimusic, Factoring Department Manager for the Export Credit Agency of Bosnia and Herzegovina (IGA), provides Factorscan with an overview…

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