Polish factoring market up by 70% in January to March 2008 According to Polish Factors Association data, published early this month, the Polish factoring market grew by a record 70% in 1Q of 2008.
Polish Factoring Association members up turnover 37% y/y in 2007 Poland's 11 top factoring companies reported turnover up 37% year-on-year (y/y) to PLN 18.8bn in 2007.
Company bankruptcies continue to fall – Coface Poland In 2007, 447 companies went bankrupt in Poland, a 22% drop on 2006.
Comarch has signed two contracts - at Getin Bank SA and BGZ SA Comarch has signed two further contracts - at Getin Bank SA and BGZ SA - to implement Comarch Factoring.
Export insurance slowly gains ground with medium-sized companies The significance of export insurance has been on the increase.
Comarch seizes the factoring market Comarch has signed two further contracts - at Getin Bank SA and BGZ SA - to implement Comarch Factoring.
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.
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 the sake of debt collection.
DnB Nord to focus on leasing and factoring operations after merger DnB Nord has prepared its development strategy through to 2009, which assumes a merger with BISE and indicates the direction of future developments.
CNH launches equipment finance programme with De Lage Landen CNH Financial Services announces that it has entered a private label programme with De Lage Landen Leasing Polska SA, in order to provide financial solutions for CNH products in Poland.