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Greece

UK Export Finance to allow short term insurance cover...

UK Export Finance has announced that it will consider applications for short-term cover for export contracts between UK exporters and buyers in Greece that meet their eligibility criteria. (more…)

#exporters#exports#risk

European commission sets targets for Greek SME financing for...

The Greek banking sector should accelerate the disbursement of EUR4 billion already available for the financing of SMEs, according to…

#bank#microfinance#SME financing


Tajani: EU assistance for small enterprises in Greece

Greek small and medium sized enterprises (SMEs) are confronted with very adverse operating conditions: 6 out of 10 firms saw…

#conference#smes#trade


Alpha Bank to break engagement with Eurobank

The plans to create the biggest bank in Eastern Europe will remain just a good intention. (more…)

#acquisition#bank#banks


Unstable trade environment brings deterioration of payment

Atradius Payment Practices Barometer reveals Greece s bad payment behavior. (more…)

#Atradius#international#management


Alpha Bank and Eurobank merger approved

The Greek Competition Commission has approved the merger of Alpha Bank SA and Bank EFG Eurobank Ergasias SA. The banks…


Alapis and RBS step on warpath over Ђ60m factoring...

Alapis, the Greek pharmaceutical company, continues to fight to get back 60 million from Royal Bank of Scotland (RBS). (more…)

#bank#banks#bonds


Back to back: adapting to a difficult climate

In 2010, Marfin Factors Forfaiters introduced a back-to-back factoring product, providing factoring services to the debtor in order to extend…

#bad debts#exporters#receivables


Rise of bad debts to become real hazard for...

Non-performing loans tend to highlight the biggest threat to the state of the Greek banking systems as they continue to…

#bad debts#bank#bankruptcy


Factoring – a secure alternative to post dated...

Athanasios Ntaflos, Chief Information Officer at Eurobank EFG Factors, explains how factoring provides the perfect alternative to the widespread use…

#bank#invoice#invoice management


Experts forecast further growth of credit insurance premiums

Business Monitor International (BMI) has issued a report on Greek insurance market development... (more…)


Neurosoft will install Proxima+ for ABC Factors

Neurosoft has been awarded a letter of intent from ABC Factors... (more…)

A difficult road to recovery

George Karagiannopoulos, General Manager at Eurobank EFG Factors in Greece, talks to Factorscan about the ongoing crisis in Greece, reasons…

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