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In 2020, the business environment faced an unprecedented challenge, with lockdown measures imposed against the background of the COVID-19 pandemic generating a sudden economic blockage and a significant recession, said Magdalena Zavelca, Head of factoring, BRD GROUPE SOCIETE GENERALE, in the article about...
#exports#insolvencies#insolvency
Federal Decree Law No (16) of 2021 (Factoring Law) was issued on 29 August 2021 and came into effect... (more…)
#factoring law#Trade Finance Market#trade receivables finance
Following the whirlwind that the global markets have gone through over the last two to three years, people are wanting…
#ALF#ASSIFACT#smes
The first physical FCI Conference since the pandemic, organised in partnership with EBRD and the Hungarian Factoring Association, took place…
#conference#ESG#inflation
Polish factors, members of the local factoring association (PFA), ended 2020 with an increase of... (more…)
#Polish Factoring Association
African Export-Import Bank (Afreximbank) announced that the Republic of Congo has enacted... (more…)
#factoring law
Contact Factoring, a subsidiary of Contact Financial Holding, intends to grow the size of its factoring portfolio to EGP 1bn…
#3M#interest#smes
On 4-5 April 2022, FCI & EU Federation for Factoring and Commercial Finance will be hosting the... (more…)
#commercial finance#EU Federation#regulation
As readers of TRF News are likely to be aware of, factoring in the EU and the UK accounts for…
#digital#Mark Mandula#receivables
CIT, a division of First Citizens Bank, has announced the reorganization of its commercial services factoring business to position it…
#bank#CIT#CIT Commercial Services
Rosenthal & Rosenthal completed a recent US$3.2m factoring facility with purchase order financing for an outdoor and sporting apparel company.The…
#bank#PO#purchase order
The Omicron variant is winding down in the United States and we are slowly but surely headed back to a…
#leadership#Mark Mandula
Along a new promotion of "Cover your credit invoices first", Banreservas launches Government factoring ("Factoring Gubernamental Reservas"), an instrument to support…
#bank#international#invoice