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Factorscan reports on the latest online receivables marketplace to spring up this year; the European Factoring Exchange, established in Sweden in February this year. Roni Bicér, founder and executive director of the company, explains how the service tailored to the...
#international#invoice#receivables
Swedish Companies' confidence decreases slightly (more…)
#investments
Agneta Brandimarti, Legal Advisor at the Swedish Banker's Association in Sweden, provides Factorscan with an overview of the Swedish factoring…
Demand for EKN export credit guarantees has soared during the first half of 2009, according to the swedish Export Credits…
Swedbank AB, Nordea Bank AB and Skandinaviska Enskilda Banken AB, who together represent more than 50% of total lending in…
The factoring sector remains optimistic about its future and further developments are anticipated. However, the growth rate in volumes seen…
#bank#cash management#invoice
Surecomp has announced that Stockholm-headquartered Swedbank has licensed IMEX V6.3 on the mainframe platform. Swedbank will use IMEX to drive…
In Sweden commercial banks provide loans to larger companies and niche banks lend to smaller firms. Such credits have typically…
#bank#commercial finance#interest rates
In Sweden, factoring companies make credit available through accounts-receivable financing as soon as they receive the customer invoices. Generally, the…
Market Performance and Supply At the end of 2000 there were nine factoring companies in the Swedish Bankers Association and…
The Swedish Riksbank has cut its key interest rate to an historic low level of (more…)
“In Sweden commercial banks provide loans to larger companies and niche banks lend to smaller firms. Such credits have typically…
The Export Credits Guarantee Board (EKN) offers long-term financing; Svensk Exportkredit handles short-term financing. The EKN, which is 100% state…