It also said factoring operations kept an upward trend in the first three months of 2012, boosting the bank’s revenue. Internal factoring operations hold the highest share of 72%, export factoring operations account for 18% and import factoring operations make up for 10% of the bank’s total factoring revenue.
BRD is 59% owned by French group Societe Generale, has around 2.5 million clients and operates over 930 units.