Factoring market up 17 per cent in H1

The Czech factoring market rose by 17 per cent year-on-year to nearly Kc60bn at the end of June, according to data of the Factoring Companies Association.

Factoring dynamics restored in 2006

2006 was a year of improved growth dynamics of the factoring market in the Czech Republic. The year-on-year increase in turnover of the seven most important factoring companies united in the Association of Factoring Companies reached 27% in the last year and thus picked up the threads of the first half of the decade. This is a significant increase, especially in comparison with 2005 when this increase comprised only 6.1%. The first quarter of 2007, traditionally the weakest season in terms of t

Stake in KЪP to be sold

The Czech state will sell 66 percent in insurer Komercní úverová pojištovna EGAP (KÚP) to a consortium of Belgian state-owned insurer Ducroire-Delcredere and the commercial part of Italian state-owned insurer Sace.