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Estonia

PlusPlus Capital Strengthens Management Board

PlusPlus Capital (“PPC”), a leading Pan-Baltic and Finnish technology-driven receivable management group, is strengthening its Management Board for future growth through the appointment of a new board member and more differentiated responsibilities.Krõõt Kilvet, CEO of the subsidiary Fresh Finance Group...

#Managerial Appointments

Estonian tech firm launches reverse factoring platform for Ukrainian...

Estonian financial technology company SupplierPlus has launched a reverse factoring platform for... (more…)

#bank#conference#funding


Estonian banks ‘still weak in control systems’ against money...

Banks in Estonia have not yet plugged all the gaps in their money laundering controls, the Baltic state’s regulator told…

#anti-money laundering


Estonian online invoice financier secures £500,000 funding

Estonian peer-to-peer lending platform Investly has successfully secured its initial £500,000 funding target through Seedrs. The equity crowdfunding round has so…

#bank#international#invoice


EIF gives Estonian bank €8m for lending to SMEs

“The aim of the unsecured loan agreement concluded with the EIF is to support companies active in Estonia and... (more…)

#bank#EIF#European Investment Fund


First Estonian Member of FCI

FCI has announced that Versobank AS has become its first Member from Estonia (more…)

#bank#banking services#bonds


Estonian businesses show growing appetite for export credit insurance

Exporters are increasingly insuring their accounts receivables (more…)


Invoice payment behaviour worsens, Intrum Justitia survey finds

Estonian companies are writing off 3.3 per cent of the total invoiced amount this year. This is notably more than…


Number of companies with solvency problems up 42pc

The number of companies with solvency problems has grown 42 percent since the same period last year according to Krediidiinfo's…


Bad business loans reach record level

In the last few months the volume of bad business debts that are more than 60 days overdue has doubled.…

#bank#economy#Nordea


Number of construction companies going bankrupt increases

Now that the construction boom is definitely over and the real estate market is stagnating, the big question facing many…


Taking a holistic approach to financing growth

Kulli Paap, Head of Trade Finance at Sampo Pank in Estonia looks how banks can mitigate a client's business risk…

#bank#payment terms#receivables

Estonia 2006-2007 – Export factoring growth expected

While the shift to the Euro will simplify business transactions because the costs of converting to different currencies are nullified,…

#bank#international#invoice

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