FACTORING
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Romania’s Factoring Market Up 35% To EUR3.65B In 2015
Romania’s factoring market rose 35% in 2015, to EUR3.65 billion, mainly supported by SMEs sector, while the constructions sector was the most active sector, with a 23% market share.
Romanian Factoring Market Up 38%, At EUR1.5B In 1H
The Romanian factoring market reached at EUR1.5 billion (nearly 6.7 billion) in the first semester, up 38% or EUR400 million compared with the same period in 2014, on the backdrop of domesti...
BRD Factoring Operations Up 5% In 2014, To EUR960M
BRD, Romania’s second largest bank by assets, reported factoring operations of nearly EUR960 million (RON4.3 billion) in 2014, up 5% on the year.
BRD Factoring Operations Up 5% In 2014, To EUR960M
BRD maintained its leading position on the domestic factoring market last year, with a turnover of more than EUR960 million, up 5% on the year, and a market share of 35.7%, up nearly two poi...
Romania’s Factoring Market Flat At EUR2.7B In 2014
Romania’s factoring market reached EUR2.7 billion last year, close to the level in 2013, considering that profile companies expected the industry to shrink nearly 10%, but recovered in the s...
Romania’s Factoring Market Fell 9% To EUR1.1B In 1H
Romania’s factoring market reached EUR1.1 billion in the first six months of 2014, down by approximately 9% on the year, according to data presented Wednesday by the Romanian factoring assoc...
BRD's Factoring Operations Fall To EUR918M In 2013
Romania’s second-largest bank BRD-Societe Generale (BRD) on Thursday said its factoring operations fell to EUR918 million in 2013 from over EUR1 billion a year earlier, amid declining activi...
UniCredit Tiriac Bank Factoring Operations Up 2% In 2013, To EUR812M
UniCredit Tiriac Bank had factoring operations of EUR812 million last year, up some 2% from 2012, and increased its market share on this segment to 30% as the local factoring market declined...
Romania’s Factoring Market Fell More Than 5% In 2013, To EUR2.72B
Romania’s factoring market reached EUR2.72 billion in 2013, down 5- 6% from 2012, with external factoring operations seeing a slight increase and internal factoring operations witnessing a d...