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The European Bank for Reconstruction and Development (EBRD) has commenced cooperation with AIK Banka in Serbia with an inaugural loan of €50m for on-lending to local small and medium-sized enterprises (SMEs). As part of the loan agreement, AIK Banka is...
#green finance
The factoring market experienced a modest decline in turnover by the close of 2023. However, a resurgence is expected in…
#bank#banks#fintechs
Poland's ambitious plan to introduce mandatory e-invoicing on July 1, 2024, has hit an unexpected roadblock, leading to Finance Minister…
#poland
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
Bank BNP Paribas and BNP Paribas Faktoring have entered into a partnership with fintech Monevia - a leading Poland's online…
#bank#digital#invoice
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
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…
The Slovak economy, like the economies of many other European countries, is being strongly affected by the conflict in Ukraine…
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
The European Bank for Reconstruction and Development (EBRD) is providing €60m in financing to OTP Banka in Serbia. As part…
#ESG#sustainability#sustainable finance
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
In 2022, quite unexpectedly, the factoring industry in Serbia recorded an impressive growth in turnover of nearly 55 per cent…
#bank#exports#international
The third quarter of 2023 brought the expected but long-unseen decline in turnover to the factoring industry, as reported by the…
#Executive Committee#PZF#receivables