Czech Republic

EGAP plans expansion of SME coverage following amendment of EC rules

The Export Guarantee and Insurance Corporation (EGAP) is seeking a strategic partner for its commercial insurance subsidiary. EGAP, the state-owned but independent company, plans to expand coverage

CSOB secures majority stake at OB Heller Factoring

Ceskoslovenská obchodní banka (CSOB) has acquired from NMB-Heller Holding 50 per cent of factoring company OB Heller and has become the sole owner of the firm.

Battling the banks - Jiri Matula, Transfinance and Czech Factors Association

Jiri Matula is chief executive officer of Transfinance, the second largest factor

Commercial credit insurance company to be sold after elections

The Ministry of Finance of the Czech Republic submitted the proposal of the sale of the Commercial credit insurance company (KUP) to the interdepartmental commenting process

Czechs eying cross-border German markets

During a meeting organized by weekly Profit and supported by Ћivnostenská banka, CAC Leasing and NLB Factoring

Factoring in the Czech Republic - Jirн Matula, Transfinance

The Czech financial industry has changed significantly in recent years. Having suffered considerable losses due to their support of the economic transformation, banks have had to restructure. A report by Jirí Matula, head of Transfinance, found...

New chairman for Factoring Association

The new chairman said his main goal is to further develop the Czech factoring market

HVB joins Association of Factoring Companies

Czech company HVB Factoring has become the latest member of the Association of Factoring Companies, according to

Josef Tauber, of the Czech Export Bank, on changes to law and the market

Josef Tauber, General director, Czech Export Bank commented on the impact of the expected changes...

Factoring CS keeps top spot

Factoring Ceske Sporitelny retains its number one position among the factoring companies in the Czech Republic. Turnover increased to