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Forfaiting services market in Poland

Publication date: 2013

International Business and Global Economy, 2013, Volume 32, pp. 237 - 252

https://doi.org/10.4467/23539496IB.13.016.2652

Authors

Ewa Weronis
University of Gdańsk
ul. Bażyńskiego 1a 80-952 Gdańsk, Poland
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Titles

Rynek usług forfaitingowych w Polsce

Abstract

Forfaiting services market in Poland
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.

References


Information

Information: International Business and Global Economy, 2013, Volume 32, pp. 237 - 252

Article type: Original article

Titles:

Polish:

Rynek usług forfaitingowych w Polsce

English:

Forfaiting services market in Poland

Authors

University of Gdańsk
ul. Bażyńskiego 1a 80-952 Gdańsk, Poland

Published at: 2013

Article status: Open

Licence: None

Percentage share of authors:

Ewa Weronis (Author) - 100%

Article corrections:

-

Publication languages:

English

View count: 2206

Number of downloads: 1251

<p> Forfaiting services market in Poland</p>