WFY23: Cyprus total factoring volume showed a 50.2 per cent increase in 2022
The Cypriot economy proved to be resilient in 2022, despite the many challenges of a global nature, which include successive years of supply-chain disruptions and suppressed economic activity caused by the Covid-19 pandemic, followed by the devastating war in Ukraine, which resulted in soaring inflation and high energy prices, said Afroditi Stavraki, Senior Risk Officer, Hellenic Bank Public Co. Ltd, Cyprus in her article included in the most recent edition of World Factoring Yearbook.
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Posted on Oct 27, 2023 Region: Cyprus
Factoring World Factoring Yearbook, Hellenic Bank, Afroditi Stavraki
