Czech Republic

Factoring turnover at Factoring Ceske Sporitelny reached Kc 27.5 billion

 

Factoring company Bibby Financial Services has named

The state wants to help those firms exporting to the European Union that have not been given insurance coverage by

The factoring turnover of the seven largest factoring companies operating in the Czech market continued to drop in the second quarter of the year.

Tomas Moravek, General Manager for CSOB Factoring in the Czech Republic, talks to Factorscan about how the Czech economy and the international factoring offering are faring in the downturn.

Czech factoring companies belong to a sector which has been hit hard by the financial crisis and only 7 out of the 11 biggest factoring companies active on the Czech market last year were able to preserve their businesses this year.

Tomas Moravek, Chairman of the Board and General Manager, CSOB Factoring, a.s.

Factors in the Czech Republic experienced growth of more than 5 percent, year-on-year, data from the Association of Factoring Companies (AFS CR) has shown

Czech factoring market turnover reached CZK103.5bn (EUR4.2bn) in January-September of this year