Eurobank Factors is leading the Greek factoring market for the 11th consecutive year, holding 32.8% market share in 2018 based on data from the Hellenic Factoring Association. In 2018, the factoring turnover recorded a new increase, reaching €4.80bn versus €4.49bn in 2017.
Earnings before tax stood at €21.2m, while its portfolio of bad loans remained at an extremely low level. The company is the largest provider of reverse factoring services in Greece as well, with over 1,000 participating suppliers in its various programs.
Aiming to improve customer service and to expand its operations in the SME sector, Eurobank Factors continues to invest in upgrading its operations to new technologies whilst, also, improving the quality of the services it provides in international factoring, according to the company.
