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Eastern Europe

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…)


Czech factoring market grows 25 pct in 2006

The Czech factoring market increased by over 25% in 2006 to (more…)


Company insolvency problem increasing

The number of insolvent companies in Hungary tripled year-on-year in 2006 (more…)

#credit risk#insolvency#insurance


Czech Republic 2006-07: Flux and consolidation continues in factoring...

Tomas Moravek, Chairman of the Board and General Manager O.B Heller, takes a look at the trials and tribulations of the Czech…

#bank#commercial finance#interest rates


Export factoring remains target for Factoring Ceske Sporitelny

Factoring Ceske sporitelny, which belongs to the Austrian Erste Bank Group, maintained pole position in the Czech factoring market leader…

#bank#exporters#insurance

Atradius appoints general manager for Slovakia

The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)

#Atradius#insurance#receivables

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