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Plans to privatise the commercial subsidiary of state-owned credit insurer EGAP are accelerating the fight for a share on the credit-insurance market (more…)
#Atradius#international#management
Low interest rates are forcing banks to lend more to consumers and small businesses. The turnaround in the banking sector…
#bank#financial services#interest rates
Members of Czech Factoring Association that combines the biggest factoring companies offering factoring services decided to enter the Czech Leasing…
#interest#leasing#Two
While small- and medium-sized enterprises (SMEs) still prefer bank loans to regulate cash flow, companies are increasingly turning to alternative…
The Czech factoring market has grown by some 20% a year over the past three years and the Association of…
#bank#GDP#Two
D.S. Factoring, the receivables administration specialist, has announced increased revenues totalling CZK1.4 bn (Ђ47m) in 2004, a year-on-year increase of…
Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that…
#banks#exports#GDP
The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…
#bank#banks#i
D.S.Factoring raised total revenues to record Kc1.4bn last year, up 60 % from 2003, as the company in the year…
In 2004, Ceska Sporitelna provided new loans for small- and medium-sized enterprises (SMEs) totaling CZK 20.2 bn. The overall portfolio…
#bank#investment#management
Total turnover of Factoring Ceskй Sporitelny increased by almost 40 per cent last year and reached Kc22.5 bn., with a…
Export Guarantee and Insurance Corporation (EGAP) has founded a daughter company Commercial Credit Innsurance EGAP that will take over the…
#Commercial Credit#guarantee#guarantees
Czech National Bank (CNB) has surprisingly cut interest rates by 0.25 percentage points. Main repo rate is dropped to 2.25…
#bank#inflation#interest