Poland

The EBRD is increasing the availability of financing in Poland with a 100 million medium term credit line to

The EBRD is providing a 100 million medium term loan to improve Bank Millennium s funding structure...

Polfactor are one of only three Polish factors to report a year-on-year growth for the third quarter this year, with the Polish Factors Association experiencing an overall

Polish bank PKO BP to borrow $500 million from the World Bank.

Polish Factors achieved record turnover in 2008 with 75% year-on-year growth over 2007

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.

Hilton-Baird Polska has become the first non-factoring business to be accepted into the Polish equivalent of the Asset Based Finance Association (ABFA), PZF.

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

According to Polish Factors Association data, published early this month, the Polish factoring market grew by a record 81% in 1H of 2008 and reached 6.9 billion Euro i.e. (23.1 billion PLN).

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