CaixaBank closed 2023 with a volume of assignments in factoring and confirming of more than €76,000m, a 2 per cent increase compared to 2022. This is the highest figure of the accounts receivable that the company has managed in a single year. Furthermore, this volume places the bank in first place nationally in this segment, with a market share of 28.2 per cent. According to data from the Bank of Spain, 89 per cent of working capital financing in 2023 has been carried out through factoring and confirming.
CaixaBank reached more than €37,000m in confirming during 2023, a figure that shows the bank as leader in the Spanish confirming market, with a stake of 27.5 per cent. More than 100,000 suppliers have benefited from the advantages of this service by making advance payments.
In factoring, CaixaBank reached a volume of more than €38,000m in 2023, with a market share of 28.9 per cent, which also positions the bank at the top of the Spanish ranking.
