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Eastern Europe

WFY’23: Factoring industry in Serbia recorded impressive growth in...

In 2022, quite unexpectedly, the factoring industry in Serbia recorded an impressive growth in turnover of nearly 55 per cent compared to the previous year, and nearly 70 per cent compared to the pre-pandemic year 2019, said Tanja Kursar, President of the...

#bank#exports#international

Polish factoring market cools down in Q3

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


EBRD lends up to €6m to empower MSMEs in...

The European Bank for Reconstruction and Development (EBRD) is providing up to €6m to Banka për Biznes in Kosovo for…

#green economy transition#Sergiy Maslichenko


Polish construction sector drives factoring demand

According to data from NFG, a Polish factor, up to 3/4 of sole proprietorships across the country may be trapped…

#bank#invoice#receivables


Belarus government admits problems with unpaid receivables

The government and the National Bank must solve the problem of receivables, especially for Belarusian potash fertilizers (fertilizer potassium), Belarusian…

#payment delays#receivables


CargoX and Enigio develop interoperable eBL platforms

CargoX, a leading innovator in digital trade solutions, has joined forces with Enigio, a pioneer in electronic document management, to…

#C4DTI#CargoX#digitalisation


EBRD and Addiko Bank Banja Luka strengthen cooperation to...

The EBRD and Addiko Bank Banja Luka in Bosnia and Herzegovina are strengthening their partnership... (more…)

#SME lending


EIF and Lithuania’s SME Finance to deliver €40m in...

The European Investment Fund (EIF) is providing a guarantee to SME Finance to support innovation and green transition investment by…

#EIF#green finance#InvestEU


EU and EBRD partner with KredoBank in support of...

As part of its SME Competitiveness programme, the EU and the EBRD have put in place a €25m guarantee facility,…

#KredoBank#TFP


Polish factor reaps benefits of exceptional market growth

Nearly PLN 6.3m (€1.419m) in six months of 2023 - this is the total value of receivables purchased by AFORTI…

#PZF


EBRD and KredoBank broaden cooperation in Ukraine

The European Bank for Reconstruction and Development (EBRD) is supporting food security and other critical industries in wartime Ukraine with…

#credit risk#Francis Malige#KredoBank


Digital bank maib launches online domestic factoring in Moldova

In order to support business development in the Republic of Moldova, maib ... (more…)

#digital factoring

EIB and Bulgarian Development Bank sign €175m loan to...

The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) are joining forces with a €175m loan to improve access…

#Bulgarian Development Bank

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