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Factoring KB has been awarded the second place among Czech factoring companies

Prague, 6/3/2014

Factoring KB has been awarded the second place among Czech factoring companies.

Factoring KB managed to reach the second place in the Czech factoring market in Q1 2014.

Factoring KB achieved total sales of EUR 7.7 billion CZK during the first quarter of this year and moved by its market share to 20 percent of the total factoring market. The figures published by the Association of Factoring Companies declared a historical movement of KB Factoring and its rank changed to the second place among the companies included in this association.

"I would like to point to the fact that this result was achieved with the same number of employees as we showed last year. Since 2010, we’ve consequently achieved record annual turnover growth and we believe that we can keep this trend in the future," said Chairman and CEO Miloslav Kukla.


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