New CEO at NLB Factor

The new chief executive officer and agent of NLB Factor was appointed at the end of 2005 having previously headed

Factoring market grows faster than expected

Turnover of factors, which are members of the Slovak Factoring Association (AFS) has increased by 30 per cent during H1 2005. It is 10 percentage points higher than predicted with total figures reaching almost Skk 15bn.

SGDB lending jumps by 41 per cent in H1 2005

The activities of the Slovak Guarantee and Development Bank (SGDB) remain focussed on small- and medium-sized enterprises segment (SMEs) while new partners for cooperation  are commercial banks and municipalities.