Czech Republic

Bill on export insurance with state subsidy signed

The Senate returned the bill, which will enable the sale of the subsidiary of the export guarantee and insurance company EGAP, to

Czech factoring market up 5% in 2005

The Czech factoring market keeps growing, as factoring companies in the country financed

Country Profile - Financial services

Mounting banking sector problems

At the onset of transition the Czech economy already had a higher level of financial intermediation than most other formerly planned economies.

Businesses brace themselves for EU entry

Czech membership in the European Union (EU) will profoundly change the legal landscape for business, mainly because decisions taken in Brussels—by national governments, the European Commission and European Parliament, as well as by other b

Development of the New Market Using the Synergy Between Factoring and Credit Insurance in the Czech Republic

by Hynek Rasocha, Èescob Credit Insurance, with the co-operation of Tomas Moravek, OB Heller

Factors and credit insurers in the Czech Republic have always faced the basic problem of the transformation

Tomas Morбvek of O.B. HELLER presents the latest analysis of the Czech market

SME community still struggling to get help from banks

SMEs are generally defined as having fewer than 250 employees and less than 50 million euros in annual...

SMEs see warmer climate

Interview with Roman Kalina, the executive director in the credit-risk management department of Ceskoslovenská Obchodní Banka (CSOB), sustains it is untrue banks are reluctant to lend to small- and medium-sized companies (SMEs) for

SMEs slow to protect against risk

Czech businesses are lagging behind their western counterparts in taking advantage of risk management products.

The number of tools to reduce credit risk is growing, yet most small- and medium-sized businesses (SMEs) r

Factoring companies buy receivables worth Kc20bn in Q3

Czech factoring companies, purchased debts worth over Kc20bn in the third quarter, of which Kc15.92bn was domestic factoring and Kc3.29bn (16 per cent) export factoring, statistics of the Association of Factoring Companies show.