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Poland

SMEs increase use of factoring for government contracts

Small and medium size suppliers to local administrations are increasing their use of factoring

Polish constructors look for alternative sources of finance

Construction enterprises are forced to look for alternative sources of finance in order to survive the current industry crisis

Coface – next Polish market leader?

Coface will increase factoring turnover by 50% this year at current growth level

Polish factoring – no signs of slow down

Polish factoring volume increased by more then 20 percent in the first quarter of 2011, according to the Polish Factors Association (PFA).

Citi Handlowy: nearly doubles factoring growth

Citi Handlowy s diversified product line ensures its factoring volume growth in the first quarter of 2011

BGZ Bank to launch reverse factoring

Polish BGZ Bank adds factoring to its product line BGZ Bank has added reverse factoring and receivables management to its product line.

Pragma Factoring reports rising revenues

Pragma Factoring reports 34 per cent estimated growth of factoring portfolio in the first quarter 2010

Year starts well for polish factors

Factoring companies and banks in the first quarter of this year factored invoices for the sum of nearly PLN 17 billion

New name for troubled factor

GF Premium SA changes its name to Pragma Factoring SA

Price competition determines factoring development in 2011

Increasing competition forces Polish factors to reconsider their rates.
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