Polish factoring boosted by 10 per cent market jump

Nineteen factoring companies belonging to the Polish Factors Association (PFA) purchased the receivables of the value of EUR 4,85 billion in the first quarter of 2013, EUR 0.44 billion more than the same period last year meaning that the factoring market in Poland grew by 9.95 per cent.

EBRD supports first listed auto loan securitisation in Poland

In the first rated asset-backed securitisation deal since the financial crisis and the first such deal to be offered to local capital market investors in Poland, the EBRD is investing in senior bonds issued by Warsaw-based Getin Noble Bank to boost auto lending to individuals and small and medium-sized businesses.

Government to introduce new SME support measures

The Polish government is to introduce new support measures for SMEs in the forms of state guarantees for working loans and enabling the use of pending VAT return as collateral for loans, according to Finance Minister Jacek Rostowski.