Factoring CS is number one as revenue reaches CZK 16,3bn for Q1-Q3 2005 Factoring CS continues to maintain the number one spot among factoring companies who are members....
Number of insolvencies drops - Euler Hermes Cescob survey Economic growth, influenced mainly by investments and export, impacted the number of insolvencies significantly
OB Heller Factoring appoints new commercial director O.B. Heller, the Prague-based factor has announced the appointment of
New law firm to focus on M&A, leasing, forfaiting and factoring The former senior attorney at German law firm Gleiss Lutz, has founded a new law firm in Prague
Factoring Ceske Sporitelny’s market share reaches 28% in H1 Factoring Ceske sporitelny (Factoring CS) has announced that in the first half of the year it has maintained its leading position among the
SMEs fear Basel II will start credit squeeze Small- and medium-size enterprises (SMEs) in the Czech Republic fear they will face a credit squeeze as a result of Basel II rules for
Republic sees one-way flow of banks and insurers Insurance and banking is seeing a flood of western companies into the Czech Republic, while Czech firms appear reluctant to expand abroad
PPF sells CP Leasing to Credit Agricole's Sofinco The PPF financial group has sold its CP Leasing subsidiary to
Top credit insurers line up for EGAP subsidiary tender Plans to privatise the commercial subsidiary of state-owned credit insurer EGAP are accelerating the fight for a share on the credit-insurance market
Low interest rates are forcing banks to lend more to small businesses Low interest rates are forcing banks to lend more to consumers and small businesses. The turnaround in the banking sector since the late 1990s when state ownership and corporate ‘tunnelling’ was the norm, has been remarkable.