Spanish Factoring Association Market Breakdown Shows All Players Increased Factored Volume in 9m Ended September 2001


Figures released by the Spanish Factoring Association reveal that all industry players in Spain have a higher factored volume in the nine month period ended September 2001 than in the corresponding period in 2000. Overall, total domestic factored volume in Spain has risen by 37.43%, total international factored volume has risen by 16.8% and total factored volume has risen by 36.72%.

The largest player by factored volume in the period was BBVA Factoring, which accounted for 34.99% of the total recorded factored volume. This represents a slight decrease as BBVA Factoring achieved 37.13% market share by the same measure during the same period in 2000.



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