“The members of the German Factoring Association (GFA), representing over 95% of the market, achieved a total volume of Ђ35.08 billion in 2003, 16.3% more than the Ђ30 billion achieved in 2002…”
To read the latest German factoring industry analysis by Joachim Secker, CEO, Heller Bank AG, go to Germany folder, Industry Environment and Analysis 2002/03
Source: BCR