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Europe

EBRD provides EUR150m to boost economy

The European Bank of Reconsturction and Development has announced plans to invest in the Georgian economy this year (more…)

#bank#conference#international

German factoring law develops

The German Factoring Association addresses recent changes in German financial law. (more…)

#factoring law#German Factoring Association#interest rates


EuroKommerz in Deep Trouble

According to a Russian factoring information website, factoring company Eurokommerz, until recently the Russian factoring market leader, held a meeting with it’s main creditors…


Czech factoring market rises 5% in 2008

Factors in the Czech Republic experienced growth of more than 5 percent, year-on-year, data from the Association of Factoring Companies (AFS…


Barclays ‘withstands impact’ of credit crunch

Barclays have written an open letter to reassure investors of its continuing good health, announcing that  the bank would report…

#bank#banks#investment


Prepared, and still providing cover

Joanne Aaron of Atradius, UK, highlights the central role the credit insurance industry plays in protecting factors in the crisis. (more…)


Ј10bn bailout package too late to save SMEs?

Despite warm welcome for the government's £10bn loan guarantee scheme, concerns remain about whether it'll take effect soon enough to…

#bank#insolvency#smes


European SME managers expect activity to contract in 2009

Business managers expect activity to contract in Europe in 2009, due to the financial crisis and its expected consequences, according…

#bank#emerging markets#interest rates


Use of asset based lending set to increase during...

Research by the Asset Based Finance Association shows that firms across the UK are increasingly using asset based lending as a…

#asset based finance#management#risk


Credit insurers cautious as bankruptcy risk rises

Credit insurers are looking closer than ever at bank support when covering company risk (more…)


Factoring in the Balkans – Serbia

Zlatija Jelenkovic, Head of Factoring at Raiffeisen Bank, Serbia, addresses the state and development of the factoring industry in Serbia.…

#bank#international#payment terms


Polish factors achieve record turnover

Polish Factors achieved record turnover in 2008 with 75% year-on-year growth over 2007 (more…)

#bank#crisis#exporters

Czech Profireal to launch factoring ops in Romania

Profi Credit IFN SA, a member of the Czech financial group Profireal Group, on Monday set the official date to…

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