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Slovakia

New appointment at Faktoring Tatra Banky

Lubor Prochazka has been appointed as the new head at Faktoring Tatra Banky. (more…)

OTP Banka becomes part of OTP Group

OTP has been created consisting of OTP Banka and its subsidiaries OTP Faktoring, OTP Leasing, OTP Garancia, OTP Garancia and OTP…


Slovak factoring rose 5.5% in H1 2007

The Slovak factoring market rose by 5.5% in H1 2007, compared to a H1 2006 year-on-year increase of 47%, which…

#Clear#non-recourse factoring#receivables


Construction industry factoring boom

As Slovakia goes through a building boom, so construction companies inevitably have to change the way they finance themselves. Factoring is one…


Transfactor appoints head of factoring

Martin Schaner (34) became a director of Transfactor's factoring portfolio administration department. Mr. Schaner started its career as cash manager…


New legislation influences insolvency rate – Euler Hermes Servis

Euler Hermes Servis, s.r.o., part of the Euler Hermes Group, reports that the insolvency situation in Slovakia was radically changed…

#Allianz#bankruptcy#insolvencies


Slovakia gains independence

After entering the Slovakian factoring market at the beginning of this year a subsidary of the Czech independent factoring company of the same…

#bank#financial services#guarantees


EU accession means factoring on the rise

According to the Slovak Factoring Association (ASF) 64 per cent of factoring companies clients are SMEs. EU accession, which is driving…


New Player Arrives on Slovakian Factoring Market

A new factoring company has recently entered Slovakia's factoring market. Cash Reform Factoring, is a 100 percent subsidiary of the…


New chairman for the Association of Factoring Companies

The Slovak Association of Factoring Companies (AFS) has elected a new chairman (more…)

#trade


Factoring Tatra Banky sales surge ahead

Factoring Tatra Banky, the factoring department of Tatra Banka, announced its sales rose by 53% supported by a jump in export…


Slovak Factoring Market shows significant rise in 2006

The factoring market reported a steep increase last year. The volume of receivables bought by companies clustered in the Association…

Atradius appoints general manager for Slovakia

The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)

#Atradius#insurance#receivables

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