The total turnover for the factoring and commercial finance industry in 2010 in the EU was 986 Billion EUR representing an increase of over 17% when compared to the 2009 figures.
Simon Peterman, Chairman of the Central and East European Chapter of IFG, talks to Factorscan about the post-recession environment in Eastern Europe and explains how the Chapter plans to facilitate stable growth for the future.
Emerging markets can present an inhospitable environment for factors hoping to enter a new region. In this article, Daniel Bolschun, Principle Banker at the European Bank for Reconstruction and Development (EBRD) identifies some of the problems that factors might encounter in the EBRD s countries of operation and explains how some factors attempt to adapt, often to the detriment of the product.
The new Demica research report reveals that o ver 90% of top European banks are experiencing very strong growth in the demand for Supply Chain Finance (SCF) solutions...
In the third of a series of articles from Credit Agricole/Eurofactor, experts in five of Europe s major factoring markets France, Germany, Italy, Spain and the UK provide a brief insight into developments and market conditions across old Europe.
