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Greece

Atradius reports on corporate bankruptcies in Greece

Corporate bankruptcies in Greece are still a staggering five times what they were in the period before... (more…)

#Atradius#bankruptcy#crisis

Greek supermarket opens subsidiary to finance its suppliers

A Greek supermarket chain is ready for a market-driven move that will overturn market data, by setting up a subsidiary,…

#bank#banks#funding


New online B2B factoring platform for agricultural exports

A new online B2B platform has been launched for trade financing of agricultural products such as fresh and... (more…)

#B2B platform#exporters#exports


BCR Exclusive: Greece reports increased interest in factoring despite...

Alexandros Kontopoulos, CEO of NBG Factors S.A, Board Member of the Hellenic Factors Association and Member of the Economics &…

#bank#commercial finance#invoice


SMEs hardest hit

Two-and-a-half months after Greece’s banks were forced to shut down, with the special three-week holiday and the imposition of capital…

#bank#banks#liquidity


Neurosoft completes acquisition of Kestrel Information Systems

Athens-based software development company finalised move in December (more…)

#acquisition#financial institutions#information systems


FIMBank to enter Greek market

Malta-based bank will be opening its first branch in Athens (more…)

#alternative financing#bank#commercial finance


Greek multinational strikes Finacity deal

Greece-based corporation closes trade receivables securitisation programme (more…)

#funding#receivables#receivables securitisation


Citi to provide EUR200million to facilitate Greek exports

Citi agreed to provide EIB-supported credit facility to confirm letters of credit and other trade finance instruments of Greek banks.…


Piraeus Factoring to rescue Greek healthcare

Piraeus Factoring may soon start payments on outstanding debt to medical professionals. (more…)


Overdue receivables are biggest ‘threat’, says Athens Water CEO

Athens Water Supply Sewage Co SA, Greece s biggest water utility, is working to collect EUR 356 million owed by…

#IMF#investment#receivables


State of Greek factoring reflects economy

Greek factoring market declines in the first half of 2012. (more…)

A Fresh Look at the Greek Factoring Market

  Export Factoring in Greece: Current Developments and Future Prospects. With so much focus on the state of the Greek economy,…

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