AEF published its annual figures for 2012 The Spanish Factoring Association (AEF), presented last week the results of its members for 2012: with total receivables finance turnover of EUR124 billion the market remained almost flat (+0.49pc year-on-year). Factoring contracted by almost 2.58pc year-on-year, with the volume of advances failing to exceed EUR62.7 billion. Domestic factoring volume went down by 2.42pc (EUR50.1 billion), while international fell by 3.2pc (EUR12.62 billion).
