According to Romanian Factoring Association (ARF), in 2020 the factoring market remains at about the same level as the previous year (EUR 5bn), registering a slight increase. “Given the completely extraordinary economic context of 2020, we consider this stabilisation result at a level of EUR 5bn euros to be a positive one, above expectations”, said the representative of ARF.
This data comes from the annual market study conducted by the Romanian Factoring Association (ARF).