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Poland

319 bankruptcies in last three quarters

The Polish market has seen 319 cases of companies' insolvencies over the last three quarters, according to a report on insolvencies in Poland by Euler Hermes. (more…)

Hilton-Baird Polska becomes first non-factoring business accepted into PZF

Hilton-Baird Polska has become the first non-factoring business to be accepted into the Polish equivalent of the Asset Based Finance…


Czarnecki to launch innovative mobile bank focused on SMEs

Leszek Czarnecki intends to launch a new bank in October which will be called Introbank and will focus on SMEs.…


Polish factoring market up by 81.6% in 1H 2008

According to Polish Factors Association data, published early this month, the Polish factoring market grew by a record 81% in…

#factoring industry#i#poland


Citi Handlowy launches new credit scheme for SMEs

Citi Handlowy has launched its new CitiBusiness na Start, a special credit facility for SMEs. (more…)


Polish factoring market up by 70% in January to...

According to Polish Factors Association data, published early this month, the Polish factoring market grew by a record 70% in…

#bank#commercial finance#financial services


Polish Factoring Association members up turnover 37% y/y in...

Poland's 11 top factoring companies reported turnover up 37% year-on-year (y/y) to PLN 18.8bn in 2007. (more…)

#Banca IFIS#bank#conference


Company bankruptcies continue to fall – Coface Poland

In 2007, 447 companies went bankrupt in Poland, a 22% drop on 2006. (more…)

#bank#bankruptcy#insolvency


Comarch has signed two contracts – at Getin Bank...

Comarch has signed two further contracts - at Getin Bank SA and BGZ SA - to implement Comarch Factoring. (more…)


Export insurance slowly gains ground with medium-sized companies

The significance of export insurance has been on the increase. (more…)

#bank#exporters#interest rates


Comarch seizes the factoring market

Comarch has signed two further contracts - at Getin Bank SA and BGZ SA - to implement Comarch Factoring. (more…)

#bank#Comarch#financial institutions


Polish Factoring Association expects 2007 members turnover to rise

The Polish Factoring Association predicts turnover of its financial services member businesses will increase by 35% y/y in 2007.  (more…)

Eurofaktor launches debt collection business

Eurofaktor, the first factoring firm to have been floated on the WSE in 2004, is abandoning its core activity for…

#debt collection#insolvency#Paid

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