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Eastern Europe

WFY’23: Romanian market expected to grow by 10% in...

Following 2021, a year in which the business environment had to face serious challenges, with Covid-19 specific effects in the economy, 2022 came with new challenges stated Bogdan Rosu, President of Romanian Factoring Association and Director of Next Capital Finance...

#Bogdan Rosu#Romanian Factoring Association

2023: Polish factoring industry sees marginal turnover decrease amidst...

The Polish factoring industry concluded 2023 with a marginal 2.3 per cent decrease in turnover. However, this decline is an…

#Polish Factors Association


EBRD and AIK Banka support SMEs in Serbia

The European Bank for Reconstruction and Development (EBRD) has commenced cooperation with AIK Banka in Serbia with an inaugural loan…

#green finance


Polish factoring poised to return to growth in 2024

The factoring market experienced a modest decline in turnover by the close of 2023. However, a resurgence is expected in…

#bank#banks#fintechs


Poland postpones mandatory e-invoicing implementation due to system errors

Poland's ambitious plan to introduce mandatory e-invoicing on July 1, 2024, has hit an unexpected roadblock, leading to Finance Minister…

#poland


WFY’23: The structure of Croatia’s factoring volume changed in...

The Croatian factoring industry continued to grow in 2022 (+11 per cent versus 2021), reaching a volume of EUR 1.365bn[1],…

#World Factoring Yearbook


BNP Paribas launches microfactoring with Monevia

Bank BNP Paribas and BNP Paribas Faktoring have entered into a partnership with fintech Monevia - a leading  Poland's online…

#bank#digital#invoice


WFY’23: ‘The Hungarian factoring industry developed dynamically in 2022’

The Hungarian factoring industry developed dynamically in 2022, and the total turnover exceeded HUF 4.818bn, which represents a 22 per…

#Ferenc Csaki#OTP Bank


EBRD, EU and UniCredit support green SMEs in Bosnia...

The European Bank for Reconstruction and Development (EBRD) is providing a €7m loan to UniCredit Bank d.d. Mostar in Bosnia and Herzegovina. Funds will…

#green finance


WFY’23: ‘The Slovak factoring market reflected the development of...

The Slovak economy, like the economies of many other European countries, is being strongly affected by the conflict in Ukraine…

#World Factoring Yearbook


IFC and EU partner with Credit Agricole to empower...

IFC, European Union (EU) and Credit Agricole Ukraine has announce a new €40m equivalent risk-sharing facility to boost access to finance for Ukraine's…

#Credit Agricole


EBRD and EU support Go Green programme in Serbia

The European Bank for Reconstruction and Development (EBRD) is providing €60m in financing to OTP Banka in Serbia. As part…

#ESG#sustainability#sustainable finance

EBRD launches risk-sharing framework in Kosovo

The European Bank for Reconstruction and Development (EBRD) has launched a risk-sharing framework for Kosovan banks, with ProCredit Bank Kosovo…

#risk-sharing#Sergiy Maslichenko

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