Nearly 14 per cent growth in Lithuania's factoring market


The aggregate factoring portfolio of Lithuanian banks and leasing firms at the end of September was LTL 590.3 m, up 13.7 per cent on year-on-year basis.

On September 30, local and international factoring totalled LTL 500.5 m and LTL 89.7m respectively, the Lithuanian Leasing Association said.

In the third quarter, 707 factoring deals worth LTL 335.3 m were signed.

Source: Verslo Zinios



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Posted on Nov 5, 2004
Region: Lithuania