Internal factoring without regression accounted for 70% of the total operations, the company said in a statement.
“Our strategy for 2016 targets the diversification of the offers, focusing on innovative, high-quality services and the operational flow optimization, in order to facilitate the access to factoring and supply chain finance products,” said Anca Dogaru, deputy manager BRD Global Transaction Banking Department.
Romania’s factoring market rose 35% last year to EUR3.65 billion, the highest growth since 2011, according to the data of Romanian factoring association ARF.