Ukraine

The Ukrainian government has established a draft law to create its own export credit agency (ECA).

According to Simon Peterman, XX IFG, the central and eastern European factoring market has been sleeping for too long. Despite its enormous potential particularly its trade links to both Russia and western Europe the area seems to be experiencing a certain lethargy since the financial crisis and Peterman intends to wake it up.

Ukrsotsbank prepares for merger with Unicredit Bank (Ukraine) in 2011.

Following Ukrainian market statistics published on factorscan.com on Tuesday, 21 September, Ukrsotsbank...

The Ukranian factoring market posted volume figures for new factoring agreements signed in the first quarter of 2010 of 560.0m grivnas, which is slightly lower then in then 589.9m grivnas in Q4,  2009, according to the Central Bank

The State Commission for the Regulation of Financial Services Markets issued five insurance licenses to Universal Insurance Alliance (Kyiv)...

Ukrainian factor BIG Energia has ceased operations and entered into liquidation; the Central Bank of Ukraine forwarding an official letter regarding the recall of the company s banking licence this month.

The European Bank for Reconstruction and Development is stepping up its support to Ukrainian exporters and importers by

Ukrainian firm Credit Collection Group (CCG) this month completed the largest purchase of accounts receivable debt by a credit collection company in the history of the Ukrainian factoring market.

The EBRD has made its first factoring transaction in the Ukraine