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Eastern Europe

New Civil Code factoring law to come into force...

The Budapest Times has announced the new regulations regarding factoring agreements that are to be detailed in Hungary s revised Civil Code, phase one of which will (more…)

Bankruptcies at start of year double 2009 figure

The number of companies that became bankrupt doubled in the first two months of this year compared to the same…

#bank#bankruptcy#receivables


EIB increase SME support in Slovenia with bank loans

The European Investment Bank (EIB) is providing two loans totalling 50 million to support small and medium sized projects in…

#bank#business finance#guarantees


EBRD and Banca Intesa Beograd boost financing to SMEs...

The EBRD is increasing further the availability of financing to the real economy in Serbia, with a (more…)


EIB extends further support to Polish SMEs

The European Investment Bank (EIB) is providing an intermediated loan of (more…)

#bank#economy#financial institution


Raiffeisenbank in Croatia receives 30 million euro loan to...

The KfW subsidiary Deutsche Investitions- und Entwicklungsgesellschaft MBH, Cologne (DEG) and Raiffeisenbank Austria d.d. Zagreb, recently signed (more…)


EGAP may insure firms exporting to European Union

The state wants to help those firms exporting to the European Union that have not been given insurance coverage by…


Government earmarks fund for defaulted loans

The Hungarian government has earmarked (more…)


Poland: outperforming many in Europe

Dariusz Stec, Board Member of Polfactor SA, a pioneer in Polish factoring, spoke with Factorscan about the continuing bouyancy of…

#commercial finance#ING#international


Coface survey studies non-payment trends in Hungary

A recent business survey by Coface Hungary has found that 20 per cent of non-paying Hungarian businesses (more…)


EBRD and Societe Generale to support SMEs in Serbia

The EBRD is boosting the availability of financing to the real economy sector in Serbia, with a (more…)

#banks#funding#smes


Tatra Bank maintains leading market share despite drop in...

Tatra Bank has maintained its leading 24 per cent share in the Slovakian factoring market, as (more…)

#bank#insolvencies#non-recourse factoring

Polish factoring grows 6.6 percent in 2009

Factoring turnover in Poland grew 6.6 percent in 2009, despite (more…)

#banks#factoring industry#non-recourse factoring

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