FactorBank AG

FactorBank provides factoring services, including purchase and financing of short-term claims on domestic and foreign customers, credit management, collection services, and acquisition of the default risk of receivables. Factoring is aimed at production, wholesale and service businesses that open on to their customers against provide invoice.

Bank Category

Joint stock banks and private banks

Business Focus

factoring solutions

Financials

Total Assets (2018)
717.62 mln EUR  (+10.29%)
Net Income (2018)
5,000.00 EUR 

FactorBank AG was the 108th largest bank in Austria in terms of total assets. In 2018 its total assets were 717,62 mln EUR, providing the bank with the market share of 0.09%. FactorBank AG was the 22nd largest joint stock bank and private bank in Austria (out of 36 joint stock banks and private banks) having market share of 0.33% amongst the banks of this category. In 2018 the bank's net income was 5 000,00 EUR.

FactorBank AG participates in deposit guarantee scheme of Austria. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Member of Group

 UniCredit (Italy)

FactorBank AG is a member of UniCredit (Italy).

Contacts

Floragasse 7, 1040, Wien, Austria
130
01/50678
01/50678152

FactorBank AG was headquartered in Wien.

Bank Identifiers

BIC (SWIFT)
FACBATW1XXX
Bank Sort Code
73100
Company Number
34157g
MFI ID
AT73100

Bank History

Established On
02 April 1993
Close Date
January 2015