Factoring Services in the Czech Republic

Vladislav Pavlat, Otakar Schlossberger
European Research Studies Journal, Volume XVIII, Issue 1, 55-66, 2015
EOI: 10.11214/thalassinos.18.01.004

Abstract:

The goal of this paper is to present a survey of the actual state of factoring in Czech Republic (2007-2014). Both theoretical and empirical analyses are applied. The paper is mainly based on the Czech literature and statistics. Conclusion: trends of the Czech factoring market principally follow the trends of the EU factoring market. In some respects, the Czech market still lags behind the average EU market penetration. At present, the Czech factoring market is growing; it has a favourable development perspective.


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