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Eastern Europe

Croatia 2006-2007 Factoring popular short-term financial product

In Croatia, factoring is becoming a popular short-term financial product although there is room to improve on the progress made in recent years. Steady growth is expected (more…)

Ukraine 2006-2007- Positive environment for the factoring industry

One of the most noticeable trends in the Ukrainian financial market is the growing demand for factoring services. Ukrainian factoring…

#bank#exporters#international


New chairman for the Association of Factoring Companies

The Slovak Association of Factoring Companies (AFS) has elected a new chairman (more…)

#trade


Factoring Tatra Banky sales surge ahead

Factoring Tatra Banky, the factoring department of Tatra Banka, announced its sales rose by 53% supported by a jump in export…


SME confidence improves slightly in Q4 2006

Sentiment among SMEs improved slightly in the fourth quarter of 2006, but was still low as businesses expect positive macroeconomic…

#bank#funding#interest rates


NLB Factoring increased turnover up 22pc

Turnover of NLB Factoring, a company focused on receivables financing, rose according to the preliminary results by 22% to (more…)

#receivables#receivables financing


Bank Millennium reports 44pc net profit growth in 2006

Today Bank Millennium released its preliminary results for 2006, in which the Management Board announced that the consolidated net profit…

#bank#invoice#leasing


Factoring market set to surge ahead

 We expect a dynamic development for the factoring market in the years to come, Lilyanov said (more…)

#bank


Top ten factoring companies turnover up by 22pc

Polish Factoring Association (PZF) president Elzbieta Urbanska says Poland's ten biggest factoring companies reported turnover up 22% year-on-year to (more…)

#commercial finance#ING#liquidity


Factoring Ceske Sporitelny confirms the top market position in...

Factoring Ceske Sporitelny exceeded the receivables turnover of Czk 30 bn and confirmed its position of market leader in the…


Slovak Factoring Market shows significant rise in 2006

The factoring market reported a steep increase last year. The volume of receivables bought by companies clustered in the Association…


Euler Hermes to enter insurance guarantees segment

The insurance company is a market leader in the insurance of domestic and foreign obligations (merchant loans). In 2006 it…

#guarantees#insurance

Greek EFG Factors opens office

The factoring market in Bulgaria is expected to grow fast in the next few years (more…)

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