FACTORING
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Banks-Insurance
UniCredit Tiriac Bank’s Factoring Transactions At EUR800M In 2012
Romanian lender UniCredit Tiriac Bank reported revenues from factoring operations of EUR796.5 million last year, similar to the level registered in 2011.
Banks-Insurance
Romania’s Factoring Market Up 12.8% In 2012, To Some EUR3B
Romania’s factoring market grew by 12.8% to EUR2.92 billion on the year in 2012, due to a 16% increase in internal factoring operations and a 23.5% advance in import factoring operations, ac...
Banks-Insurance
BRD Factoring Revenue Up 53% To EUR900M In 2011
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) reported revenue from factoring operations of over EUR900 million in 2011, up 53% on the year, securing a 35% share on the...
Banks-Insurance
Romania’s Factoring Market Seen Up 20% In 2011, To EUR2.2B
Romania’s factoring market may grow by some 20% in value this year, to EUR2.2 billion, according to estimations by Romanian factoring association ARF.