Euler’s Factoring Income Increases More than Six-Fold in H1 2001


The Paris-based credit insurer and international financial services group, Euler, has recorded a dramatic acceleration of the amount of its total net income from its interest in factoring operation, Eurofactor. Whilst the contribution of credit insurance to net income slipped from €56.8m in the first six months of 2000 to €52.9m for the corresponding period this year, factoring, the group's other main activity, increased its contribution from €0.7m to €5.2m.

BCR Publishing



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