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Poland

GMAC targets 20pc market share with regional expansion

GMAC wants to have a 20% share of the factoring market. Network development is supposed to be a key to its success (more…)

EBRD further reduces stake in Bank Pekao

The EBRD has sold 50 per cent of its remaining equity stake in Bank Pekao, a leading bank in Poland…


Pekao to take on BPH SME and Corporate customer...

The integration of Pekao SA and Bank PBH, which followed the merger of Italy's UniCredit and Germany's HSB, will have…

#bank#Credit Agricole#financial institution


DnB Nord announce factoring operation launch in Q4

DnB Nord, formerly known as Nord/LB, generated a net profit of zl.16.8 million during the first three quarters of the…


Polmetal sells shares in Eurofaktor

Polish metals firm ZM Polmetal sold 59,700 shares in Eurofaktor, a factoring firm, cutting its interest from (more…)


New rules for Polish Agency for Enterprise Development subsidies...

Small- and medium-sized enterprises (SMEs) will be able to apply for EU subsidies, tol be administered by the Polish Agency…

#Jobs#smes


Experian-Scorex opens Warsaw office

Experian-Scorex, the global decision analytics business of Experian , has established an office in Warsaw. This move confirms the company's…


mBank Launches Enterprise Loans

Over five years after its founding, mBank - the retail arm of BRE Bank - has decided to enter the…

#bank#smes


Export insurance strategy approved

The strategy of developing Treasury-guaranteed export insurance was approved by the government yesterday. It aims to promote the insuring of…


Unicredit to announce Pekao's new managing board

Italy's Unicredit will soon announce the make-up of the managing board of the Pekao bank after its merger with Bank…


Fortis acquires 4 Faktor Sp.zo.o

Founded in 2004, 4 Faktor Sp.zo.o is an independent factoring company specialising in servicing small companies in the manufacturing, trade…


Pekao Faktoring greedy for growth

Although the company is the leader of the sector, it does not mean that it will grow faster than the…

#acquisition#management

Eurofaktor diversification strategy leads to profit slump

Eurofaktor, the only representative of the factoring industry on the stock exchange, made only ZL1.1m (euros 284,500) net profits in…

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