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Czech Republic

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

Market Performance and Supply  It is difficult to compile statistics for the development of factoring in the Czech Republic, because until 2000 there was no association or similar body responsible for collecting relevant data. Nevertheless, one thing is clear: the...

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... (more…)


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…

#bank#management#risk management


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…


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…

#receivables


Factoring CS is number one as revenue reaches CZK...

Factoring CS continues to maintain the number one spot among factoring companies who are members.... (more…)

#import factoring#recourse factoring#WHO


Number of insolvencies drops – Euler Hermes Cescob survey

Economic growth, influenced mainly by investments and export, impacted the number of insolvencies significantly (more…)

#GDP#i#insolvencies


OB Heller Factoring appoints new commercial director

O.B. Heller, the Prague-based factor has announced the appointment of (more…)


New law firm to focus on M&A, leasing, forfaiting...

The former senior attorney at German law firm Gleiss Lutz, has founded a new law firm in Prague (more…)


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…


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…

#bank#interest rates#international


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…

PPF sells CP Leasing to Credit Agricole's Sofinco

The PPF financial group has sold its CP Leasing subsidiary to (more…)

#bank#banks#Credit Agricole

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