Factoring profile rising among entrepreneurs

Last year factoring companies in Slovakia complained about the lack of awareness of their product among entrepreneurs. A year on they are smiling and a quick look at their last year’s results reveals why.

CSOB’s Q1 profit drops

Net profit of CSOB bank branch in Slovakia dropped to Skk 44.7m (€1.15m) in 1Q, a decrease of Skk171m compared to the same period last year, spokeperson of CSOB branch in Slovakia, Marta Krejcarova announced.
 
CSOB

2004: Business benefit from FDI of Sk313bn in 2004

Compared to 2003 there was a decrease in foreign direct investment (FDI) of Sk8.7bn (Ђ220m) to Slovakia. The majority of the foreign investments (Sk21.996bn) came into the business sphere, while Sk5.05bn (Ђ120m) went to the banking sector.