The value of credit granted to factoring clients, as at 31 December 2005, reached €3,990 000 which represents growth of 14.2% compared with €3,490,000 the previous year. Total factoring revenues, apart from the decrease experienced in 2002, have been on a rising trend for a consistent period. There was an increase of 8.6% in 2005, slightly above the increase in factoring commission.
