FactorBank AG

Business Focus

factoring solutions

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 of FactorBank AG
Net_income of FactorBank AG
Market Share of FactorBank AG
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.

Deposit Guarantee

Guarantee Fund
Einlagensicherung AUSTRIA Ges.m.b.H (ESA)Einlagensicherung AUSTRIA Ges.m.b.H (ESA)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Austrian and foreign)
legal entities (Austrian and foreign)
Covered Accounts
all balances on bank accounts

FactorBank AG participates in the deposit guarantee scheme of Austria. This deposit guarantee scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. FactorBank AG is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.

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

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