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Eastern Europe

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 the global financial crisis (more…)

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…


EBRD pending loan to Serbian SMEs

The board of European Bank of Reconstruction and Development (EBRD) has approved a loan of (more…)


EBRD extends Ђ100 million to Polish SMEs

The EBRD is increasing the availability of financing in Poland with a 100 million medium term credit line to (more…)


EIB extending 110 million euros to Bosnian SMEs

The European Investment Bank (EIB) has announced today the signature of three separate loan contracts for a total amount of…


EBRD extends 100 million euros to Millennium Bank

The EBRD is providing a 100 million medium term loan to improve Bank Millennium s funding structure... (more…)

FIMBank and Rom Factor: a Maltese cross

Joao Costa Pereira, First Vice President Head Mediterranean Factoring at FIMBank in Malta, talks to Factorscan about FIMBank s decision…

#bank#international#invoice

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