Members of the Czech Leasing and Financial Association (CLFA) provided clients with Czech Koruna (CZK) 82.8bn (€3.21bn) funds in leasing, factoring and loans in the first half of this year, a 2.2% year-on-year increase. Of the total provided in leasing, factoring and loans, CZK 70.08bn (€2.72m) was used to finance corporate investments and operations and CZK 12.72bn (€0.49bn) to finance household goods and services.
In the first half of this year, the amount of funds provided by CLFA members in the framework of factoring increased by 1% to CZK 21.71bn (€0.81m). At the same time, the total value of receivables assigned to CLFA member firms grew by 2.5% to CZK 78.15bn (€3.03m).
Source: Verdict