12.01.2010
Bank Millennium is the first bank in the Polish Factors Association
Bank Millennium was the first bank in Poland to joint the Polish Factors Association, an organisation of domestic factoring institutions.
With Bank Millennium as a member, the Polish Factors Association will be able to step-up its efforts to disseminate knowledge about factoring among Polish companies and to promote innovative solutions for liquidity management and hedging risk of counterparty payment default - says Jerzy Dąbrowski, Director of the Factoring and Trade Finance Department in Bank Millennium.
The Polish Factors Association is an organisation of largest factoring companies in Poland and its mission is to promote factoring services as an effective financing instrument as well as promoting the standards and high quality of factoring services.
Bank Millennium has for years been offering to customers a broad array of factoring solutions. At present the Bank's offer includes factoring with recourse, factoring without recourse with insurance, municipal factoring, maturity factoring, collection as well as reverse factoring. Moreover every Customer has the availability of a team of highly qualified professionals supported by a sophisticated settlement system.
Bank Millennium currently ranks second among banks providing factoring services as regards turnover volume.
The Polish Factors Association is an organisation of largest factoring companies in Poland and its mission is to promote factoring services as an effective financing instrument as well as promoting the standards and high quality of factoring services.
Bank Millennium has for years been offering to customers a broad array of factoring solutions. At present the Bank's offer includes factoring with recourse, factoring without recourse with insurance, municipal factoring, maturity factoring, collection as well as reverse factoring. Moreover every Customer has the availability of a team of highly qualified professionals supported by a sophisticated settlement system.
Bank Millennium currently ranks second among banks providing factoring services as regards turnover volume.