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Eastern Europe

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 the Polish factoring market despite the downturn, the developing scope of industries considering factoring for funding and the rising interest...

#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


Demand for factoring up 300 percent in Balkans region

The Balkans has experienced a surge in demand for factoring in recent years, a demand accelerated by the effects of…


EIB extends two loans to support Serbian SMEs

The European Investment Bank (EIB) signed two loans totalling (more…)

#bank#international#SME lending


Czech factoring contracts by 25%

The Czech factoring market experienced a 25 percent contraction in 2009, with the total value of the industry dropping €96…

#banks#factoring industry#receivables


Bank of Cyprus invests in Banca Transilvania

Bank of Cyprus has announced that it has acquired a 9.7 percent stake in Banca Transilvania, the parent bank of…


EIB extend loan to Croatia SMEs

The European Investment Bank (EIB) is to lend 100 million to Croatia's (more…)


Kredyt Bank signs deal with Comarch

Kredyt Bank has signed a contract with Comarch to implement the software firm s factoring solution into the bank's factoring…


Romania: ‘seven-fold potential’

Romania seems to be a one of the most attractive factoring markets in Europe at the moment, with a number…

#bank#commercial finance#conference

New Civil Code to govern factoring

Upcoming revisions to Hungary s Civil Code will introduce specific regulations on factoring agreements for the first time, Hungarian financial…

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