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Slovakia

VUB Factoring expects 15 per cent growth in turnover

Financial services company VUB Factoring estimates the volume of receivables it refinanced to have increased by about (more…)

#financial services#receivables

Turnover of Factoring Tatra Banky reached Skk4.3bn last year

Financial services company Factoring Tatra Banky reached a turnover of Skk 4.3bn last year, up 47 percent year-on-year (more…)


A quarter increase expected in the factoring industry

The factoring market in Slovakia is experiencing further growth. This year it could rise by more than a quarter. Companies…


SLSP Factoring expects SKK 20.5 bn. turnover this year

Financial services company Factoring Slovenskej Sporitelne (SLSP) said that its turnover this year will exceed SKK20bn (EUR575m) (more…)


VUB Factoring number two in the Slovak market

VUB bank spokeswoman Alena Walterova announced that VUB Factoring financed receivables in the period Q1 to Q3 2006 (more…)


Slovak Factoring Association sees factoring volumes grow

Factoring companies operating in the Slovak market are succesful in persuading clients about the usefulnesss of their services. In H1…

#bank#international#international factoring


SZRB to increase loans to small enterprise

Slovak Guarantee and Development Bank wants to provide a larger number of loans with a smaller total amount (more…)

#bank#guarantee#interest


Obligation to submit reports by factoring companies to supervisor...

The Bank Board of the National Bank of Slovakia (NBS) approved the Decree of the NBS on submitting (more…)


National Bank raised key interest rates

The National Bank of Slovakia (NBS) raised key interest rates over concerns regarding inflation and the fiscal policy of (more…)

#bank#inflation#interest


Factoring growth exceeds expectations

Market share has changed substantially and the leader is again way ahead of the competition. The whole market rose and…


Factoring companies to start reporting to National Bank

The Central Bank of Slovakia (NBS) is due to start collecting data for statistical purposes from January 2007. The obligation…


Central bank increased key interest rate

The Slovak central bank (NBS) board decided to raise key interest rates. Two-week repo tenders increased by one half of…

#bank#interest#interest rate

Factoring transactions up by more than one fifth in...

"We can forget the independent provision of financial services. It will be always harder to sell factoring as the only…

#bank#bank loan#financial services

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