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Poland

Pragma Factoring exceed financial projections

Preliminary financial results from Pragma Factoring SA for the past year point to a nearly twofold increase in revenues compared to 2010. (more…)

SME interest in factoring remained relatively low last year

Polish SMEs are still only marginally interested in factoring, preferring their own resources for financing (more…)


Raiffeisen Bank: factoring turnover in 2011 totalled 15.8 billion...

Raiffeisen Bank Poland has maintained top spot in the Polish factoring market, noting an 18 per cent increase in annual…

#bank#crisis#poland


PFA: Double-digit factoring growth expected to continue in 2012

Factoring turnover of Polish Factors Association (PFA) member companies in 2011 amounted to 67.1 billion zloty, 19 per cent higher than…


KUKE: Export market to grow by 11.5 per cent...

The Export Credit Insurance Corporation (KUKE), an insurance provider for Polish SMEs, has predicted that the export market in Poland…


Polfactor becomes BRE Factoring

Polfactor, a leading representative of the factoring industry in Poland, and part of the Group of BRE Bank, has changed…


GE Capital sets-up new factoring business in Poland

GE Capital, a provider of mid-market and SME finance, has launched a factoring platform in Poland called Factoring BPH, via…

#accounts receivable finance#AR#bank


Polfactor signs up to HPD’s Aquarius software

Polfactor SA and HPD Software have announced that HPD s Aquarius solution has gone live in Poland. (more…)


Pragma Factoring releases Q3 2011 results

Pragma Factoring has purchased 173 million zl worth of receivables in the third quarter of 2011, a 59 per cent…


EBRD loan Ђ25m to BPS to finance SMEs

The European Bank for Reconstruction and Development (EBRD) is lending the leading Polish cooperative bank association, BPS, up to 25…

#bank#MSME#small business


Pragma Factoring predicts a profitable financial year ahead

Pragma Factoring SA estimates that its gross sales revenue will reach 200 million zl by the end of 2011, with…

#acquisition#management#Vice president


EIB lends Ђ150m to support SME projects

SMEs and mid-cap companies in Poland are set to benefit from the European Investment Bank (EIB) lending 150 million to…

Pragma Factor grows 50 per cent during H1 2011

According to estimates by Pragma Factoring SA, in the first half of 2011 the company recorded revenue from sales tax…

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