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

Financials

Total Assets (2017)
650.66 mln EUR  (+3.93%)
Net Income (2017)
5,000.00 EUR  (+66.67%)

FactorBank AG was the 116th largest bank in Austria in terms of total assets. In 2017 its total assets were 650,66 mln EUR, providing the bank with the market share of 0.08%. FactorBank AG was the 23rd largest joint stock bank and private bank in Austria (out of 38 joint stock banks and private banks) having market share of 0.30% amongst the banks of this category. In 2017 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
Established On
02 April 1993
Close Date
January 2015