@article{364e2d1f-acd6-4c8b-89f9-1bbac6870624, author = {Ewa Weronis}, title = {Forfaiting services market in Poland}, journal = {International Business and Global Economy}, volume = {2013}, number = {Volume 32}, year = {2013}, issn = {2300-6102}, pages = {237-252},keywords = {}, abstract = {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.}, doi = {10.4467/23539496IB.13.016.2652}, url = {https://ejournals.eu/en/journal/ibage/article/rynek-uslug-forfaitingowych-w-polsce} }