05.18.2017

Next Capital registered a 15% increase in the volume of receivables managed through factoring operations on the year in January-March 2017, to nearly RON25 million. more

05.15.2017

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03.28.2017

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, electronics more

02.28.2017

The average value of an uncollected receivable in 2016 stood at RON900, up 20% compared with 2015, according to the portfolio analysis of Top Factoring, one of the main players on the debt collection more

12.06.2016

Romanian debtor clients pay, on average, RON155.05 as back payments for phone bills and RON307 as back payments for financial loans, according to a study by Top Factoring, one of the main players on more

11.01.2016

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 working more

09.15.2016

Romania’s factoring market rose 15.5% on the year in January-June 2016, to EUR1.75 billion, and domestic factoring saw the highest year-on-year growth, of 20%, to nearly EUR1.35 billion, according more

08.23.2016

Romanian debt collection market is estimated to grow by minimum 8% in 2016, to EUR2.7 billion, given the general market trend and the value of the portfolios to be put up for sale, according to more

05.25.2016

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. more

03.22.2016

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 consumer more

03.17.2016

UniCredit, ranked among the five largest lenders in the Romanian banking system, registered a record volume of factoring operations in 2015, of EUR886 million, 32% more than in 2014. more

02.29.2016

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. more

09.03.2015

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 domesticfactoring more

06.30.2015

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. more

03.16.2015

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 points, while more

03.03.2015

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 second more

09.10.2014

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 association more

04.17.2014

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 activity on more

04.09.2014

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 6%, to more

03.10.2014

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 decline, more

03.25.2013

Romanian lender UniCredit Tiriac Bank reported revenues from factoring operations of EUR796.5 million last year, similar to the level registered in 2011. more

03.14.2013

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, according more

06.14.2012

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 local more

06.07.2011

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. more