Slovakia

Since 1 January 2008 a new bank is active in Slovakia – Ceskoslovenská obchodná banka, a. s. (CSOB).

A new head of board of directors was elected at Factoring Slovenskej Sporitelne.

Lubor Prochazka has been appointed as the new head at Faktoring Tatra Banky.

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

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

Martin Schaner (34) became a director of Transfactor's factoring portfolio administration department. Mr. Schaner started its career as cash manager in Tatra Leasing, subsidiary of Tatra Banka in 1998. 

Euler Hermes Servis, s.r.o., part of the Euler Hermes Group, reports that the insolvency situation in Slovakia was radically changed by new legislation that came into effect on 1 January 2006

After entering the Slovakian factoring market at the beginning of this year a subsidary of the Czech independent factoring company of the same name - Cash Reform is becoming a strong competitor with