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Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more supporters. Turnover of the six companies joined in the Association of Factoring Companies of Slovakia (AFS) increased by one fifth...
The Slovak arm of CSOB provided loans of SKK2.5 billion (Ђ62m) to small- and medium-sized businesses (SMEs) last year. The…
The Slovak Guarantee and Development Bank (SZRB) will focus on the provision of an indirect form of guarantees with an…
#bank#guarantee#guarantees
The average interest rate on bank loans drawn in Slovakia decreased by 0.04 percentage points to 7.51 per cent from…
#bank#interest#interest rate
The Export and Import Bank of the Slovak Republic (Exim Bank) reported a net profit of Skk95.7m in 2003. It…
HVB Factoring Ltd., a daughter company of HVB Bank Slovakia, will launch its business activities in the Slovak Republic in…
#bank#banks#interest
Slovakia’s small- and medium-sized enterprises (SMEs) could be on the receiving end of Ђ10m in new credit because of a…
#bank#cash-flow#interest rate
Slovakia's central bank NBS bank board reduced key interest rates by 50 basis points. The two–week repo-tender rate now stands…
#bank#inflation#interest
New foreign direct investment (FDI) in Slovakia amounted to Skk32.1 billion (Ђ802.5 million) in 2003, down by Skk150 billion on…
Small- and medium-sized enterprises (SMEs) obtained financial assistance totalling SKK3.042 billion over the second half of 2003. SKK2.215 billion was…
Slovak Eximbank supported Slovak exports worth over SKK55 billion (Ђ1.36bn) in 2003. According to preliminary data, one third of supported…
The main goal of the Slovak Guarantee and Development Bank (SGDB), Inc. this year is more capital issued to effectively…
#bank#banks#guarantee
VUB Bank – a member of Gruppo Banca Intesa – through its subsidiary VUB Factoring, has been providing its clients…
#bank#cash-flow#debt collection