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Unicredit

Italian factoring – on positive trend

In the first quarter of 2011th cumulative factoring turnover of the 32 members of the Italian Factoring Association (ASSIFACT) grew by 31.79 per cent over the first quarter of 2010, the Association reports in its circular. (more…)

#ASSIFACT#Italian factoring#Paid

FCI announce new members

Factors Chain International has announced the addition of four new members across Europe, Asia and Latin America. (more…)

#bank#Executive Committee#i


UniCredit Group consolidates assets in Ukraine

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

#bank#banks#Two


Latvian factoring market down 50.5% in 2009

Latvia's factoring market contracted 50.5% in 2009... (more…)

#exports#leasing#Nordea


FIMBank gets recognition for factoring

FIMBank was recently recognised as one of the world s top five factoring institutions by the Trade Finance Magazine (more…)

#bank#Deutsche Bank#international


Millennium Bank launches factoring division

Millennium Bank has launched a factoring service in Romania. The Portuguese bank, (more…)

#bank#invoice#risk


Support for SMEs in central and south-eastern Europe

The EIB and UniCredit Group have strengthened their cooperation to implement the Joint Action Plan the largest such move by…

#bank#SME lending#smes


Czech market continues to drop in 2009

The factoring turnover of the seven largest factoring companies operating in the Czech market continued to drop in the second quarter…

#crisis#Two#Unicredit


EU companies demand longer payment terms

EU companies are demanding that Bulgarian companies extend payment deadline, a situation which looks set to increase corporate debt in…

#international#payment terms#risk


EBRD approves $100m support for Kazakh economy

The EBRD has approved two loans worth a total $100 million to support lending to the Kazakh economy via credits…

#bank#crisis#funding


Czech factoring market retracts

Czech factoring companies belong to a sector which has been hit hard by the financial crisis and only 7 out…

#bank#banks#financial services

Factors fall outside the regulatory dragnet

Act on Credit Institutions tightens controls over non-bank financing companies. (more…)

#bank#banks#non-bank financing

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