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UniCredit Tiriac Bank s volume of factoring operations amounted to some EUR 796 million in 2012, similar to the level in 2011. (more…)
Romania's factoring market has seen significant growth, increasing by 12.8 per cent year-on-year in 2012 to reach a new record…
Banca Comerciala Rom na sees massive rise in factoring business in 2012. (more…)
#bank#non-recourse factoring#recourse factoring
The International Finance Corporation and Banca Transilvania are expanding their partnership by increasing financing available for small importers and exporters…
#bank#exporters#guarantees
The International Finance Corporation (IFC) and Garanti Bank are joining forces to expand the availability of trade finance for importers…
The Romanian factoring market increased by 43 per cent in 2011, reaching a volume of almost EUR 2.6 billion, according…
The International Finance Corporation (IFC) has provided a 22.5 million euro loan to Garanti Bank Romania to help finance SMEs…
#bank#financial services#international
The European Investment Fund (EIF) and UniCredit Tiriac Bank S.A. have signed a guarantee agreement under the Joint European Resources…
#bank#EIF#guarantees
Banks will no longer have to pay VAT when selling non-performing loans to other entities, such as foreign subsidiaries, other…
The European Bank of Reconstruction and Development (EBRD) has launched a 60 million programme for SMEs in Romania to improve…
#bank#banks#funding
The Mihail Kogalniceanu programme, which allows for the state to directly support SMEs based on the development and support of…
#exports#funding#guarantees
Alecsandra Valasuteanu, Head of Factoring, UniCredit Tiriac Bank S.A. provides an overview of the Romanian factoring market, covering industry environment,…
Romanian Specialty Review Insurance Profile has issued preliminary results of the credit insurance industry for 2010, finding that three companies…