Factoring companies operating in the Slovak market are succesful in persuading clients about the usefulnesss of their services. In H1 2006 factoring companies retained the high growth dynamics when the volume of the assigned receivables rose year-on-year by almost a half to
The Central Bank of Slovakia (NBS) is due to start collecting data for statistical purposes from January 2007. The obligation to inform the central bank should relate to factoring, leasing and hire-purchase
"We can forget the independent provision of financial services. It will be always harder to sell factoring as the only service, it must become a part of clustered banking solution for a client," says
The Ministry of Finance of the Slovak Republic and the European Investment Fund (EIF) have signed a Memorandum of Understanding (MoU) for the general framework and implementation of the Joint European Resources for Micro to Medium Enterprises