Bank rating was improved for KOMA
28. 07. 2011 | News
The group of KOMA companies improved their bank rating also thanks to successful managing of crisis years 2009 and 2010. Thus the company is assessed as trouble-free and is recommended for commercial operations. Mr Martin Vlašic, assistant Vice President, Senior Relationship Manager of Citibank Europe plc., adds:
Citibank cooperates with KOMA MODULAR CONSTRUCTION s.r.o. since 2005. Since then we went together through successful years 2005 -2008, but also a bad period of 2009-2010, when the most of companies decreased their production and banks reduced their credit lines.
This year the credit lines were renewed again without troubles (like every year) for the next 12 months, including approval of long-term investment loan for the new production hall that is now constructed in Vizovice. At the same time an internal risk rating of the group KOMA was improved and by implication a risk margins were reduced, ie cheaper loans, mainly due to good results the company shown in a time of crisis and also in current period of recovery from it, the KOMA shows better-than-average results in the industry.
Due activities of Citibank worlwide, the Citibank manages the bank accounts also to affiliated companies, including credit lines for KOMA Slovakia, KOMA RENT and KOMA Space GmbH. In case of futher company expansion abroad, the Citibank is ready to help KOMA with an account managing in other countries.
In the area of services for employees of KOMA MODULAR CONSTRUCTION s.r.o. the Citibank offers, after agreement with the company manager, free managing of private accounts for all employees of the company, including domestic payments, debit orders and also international debit and credit cards
The Citibank provides its services to companies on the Czech banking market for 20 years, worldwide for 200 years. On the occasion of this anniversary, we would like to thank KOMA for the past and future cooperation and give Mr Martinec appreciation the TOP Business Partner of Citibank for excellent managing the group KOMA.