Keeping Factoring in the Family?


What's best, integrating factoring divisions into parent banks, or leaving them as stand alone daughter companies, and what about non-bank financial institutions (NBFIs) offering factoring, especially at local level? Worldwide factoring volume is well over USD 2 trillion based on data released by Factors Chain International. However, this figure is not exhaustive and the true numbers of banks and NBFIs at both local and global levels runs in the thousands.


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