ul. Bażyńskiego 1a 80-952 Gdańsk
Poland
ISNI ID: 0000 0001 2370 4076
GRID ID: grid.8585.0
Ewa Weronis
International Business and Global Economy, Volume 32, 2013, pp. 237-252
https://doi.org/10.4467/23539496IB.13.016.2652
The aim of this paper is to present the forfaiting market in Poland, from forfaiting services
introduced to the offer by the institutions operating on the Polish market and the functioning and
current term for development perspective. Using forfaiting enables Polish exporters to expand
into markets previously inaccessible due to various reasons, which in turn leads to increased sales
and acquiring new customers. Financing transactions using forfaiting can affect positively on
Polish exports and help reduce the current account deficit of balance of payments. In addition,
The Programme KUKE Forfaiting allows to minimize the risks incurred by banks as a result of the
financing of export transactions using forfaiting. Financing of investments by public sector
entities using forfaiting, though it differs from the classical definition of forfaiting, may be an
important element of the Polish forfaiting market. Not without significance is the fact of
acquisition of credit risk by the financing institution without recourse to the seller.