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Factoring KB third among czech factoring companies

Prague, 6/5/2013

Factoring KB was placed third in the Czech factoring market in the first quarter of 2013.

According to the official results released by the Asociace factoringových společností ČR [Association of Factoring Companies of the Czech Republic], the umbrella organisation for the country’s biggest players in this industry, Factoring KB was placed third on the market in the first quarter of this year. Its turnover of CZK 5.4 billion translated into a market share of 17.7%, thanks to which it moved one rung up among the country’s factoring companies.

“We have achieved this breakthrough thanks to our continuously rising turnover. In
2012, Factoring KB generated the highest ever increase, and continues in this trend this year again. Given the steadily growing volume of trading, there are all indications that our company will also keep its position among Czech factoring companies in the future,” said Miloslav Kukla, Factoring KB’s Chairman and CEO.


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