FACTORING
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Romania Factoring Market Boasted Record 30% Growth in 2022 To EUR7.85B
The factoring market reached EUR7.85 billion in 2022, marking a record high increase of 30% on the year, with domestic factoring operations accounting for EUR6.78 billion, up 35% from 2021, the Romanian Factoring Association (ARF) said on Thursday.
Next Capital Turnover Grows 33% in Jan-Oct
Next Capital IFN reported a 33% growth in turnover in January-October 2019, mainly due to factoring-type financing granted to Romanian producers, the company said Monday.
Next Capital Turnover Up 22% In January-October 2018
Next Capital reported a 22% higher turnover in the first ten months of 2018, the equivalent of an increase of RON29 million compared with the same period in 2017.
Romania’s Factoring Market Up 12%, To EUR2B, In 1H/2017
Romania’s factoring market rose 12% on the year in January-June 2017, to EUR2 billion, according to a study by the Romanian factoring association ARF.
OTP Bank Romania Taps Export Factoring Market For SMEs And Corporations
OTP Bank Romania said in a statement on Monday that it is extending its range of factoring products by launching the export commercial factoring for small and medium-sized enterprises (SMEs)...
BRD Factoring Operations At EUR822M In 2016
Lender BRD ranked first on the factoring market last year, with a 20% market share and a turnover of EUR822 million, and with the highest volume registered for fast moving consumer goods, el...
Next Capital: One Quarter Of Factoring Financing Goes To SMEs In IT&C Sector
One quarter of factoring financing goes to small and medium-sized enterprises (SMEs) operating in the IT&C sector, while the demand for factoring operations from companies in the IT&C sector...
Romania’s Factoring Market Up 35% To EUR3.65B In 2015
Romania’s factoring market rose by over 100% in the last five years, and by 35% in 2015, to EUR3.65 billion, mainly supported by SMEs sector.
BRD Factoring Operations At EUR920M In 2015
BRD, Romania’s second largest bank by assets, reported factoring operations of EUR920 million in 2015, from EUR960 million a year before, with the highest volume registered for fast moving c...