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World Factoring Yearbook

WFY’24: Indian factoring volume witnessed growth of 48% in...

“The only thing we can count on is uncertainty” – Albert Einstein (source Google). Ravi Valecha, CEO, India Factoring and Finance Solutions Pvt Ltd describes Indian factoring developments in his article included in the World Factoring Yearbook 2024 (WFY'24). Whether...

#factoring#global trade finance#India Factoring and Finance Solutions Pvt Ltd

WFY’24: Only four banks offered factoring services in Georgia...

While still relatively new to the Georgian market, factoring has seen a notable increase in popularity in recent years, especially…

#factoring#Georgian factoring market#Tamara Khizanishvili


WFY’24: French factoring volume grew slowly in 2023

The year 2023 was, after the Covid crisis, a year of limited economic recovery, due to external shocks, such as…

#factoring#French Association of Finance Companies#Solenne Lepage


WFY’24: Egypt sees increase of factoring volumes in 2023

Factoring volume in Egypt has been growing over the last few years since its introduction to the country’s financial market…

#Egypt Factors#factoring#Ghada Shams


WFY’24: Czech factoring market saw little change in 2023

In 2023, the Czech economy shrank by 0.3 per cent due to high inflation and tight monetary policy, which dampened…

#factoring#Petr Fiala#Raiffeisen Bank


WFY’24: Croatian factoring industry records a modest growth in...

In 2023 the Croatian factoring industry recorded a modest growth of 2.6 per cent versus the previous year, which is…

#factoring#GDP#Nives Rudež


WFY’24: Factoring in China continued to grow in 2023

Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023,…

#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24


WFY’24: Factoring has begun to gain momentum in Canada

Factoring, though historically a niche product in Canada and often misunderstood, has begun to gain momentum in recent years. As…

#factoring#financial institution#National Bank of Canada


WFY’24: Brazilian factoring records 10% growth in 2023

Brazil started 2023 with a new government, and then political unrest with a near coup on 8 January 2023, stated…

#Banco Ourinvest#João Costa Pereira#trade finance


WFY’24: Factoring continues to grow successfully in Botswana

Factoring continues to grow successfully around the world not only in mature markets but also in emerging markets such as…

#ACFTA#Afreximbank#factoring


WFY’24: Austrian factoring development – year 2023 in review

The world saw various unprecedented events in 2023, ranging from political conflicts to volatile financial markets, stated Thomas Strahlhofer, CEO,…

#FactorBank#factoring#Thomas Strahlhofer


WFY’24: Strengthening fraud detection in factoring

In an era marked by economic uncertainty, the threat of fraud looms large over the financial landscape, said Kevin Day,…

#fraud#Kevin Day#Lendscape

WFY’24: Ensuring new regulations for banks and credit insurers...

What is the purpose of regulation? Find out the answer in the article of Daniel de Búrca, Head of Policy…

#Daniel de Búrca#ICISA#International Credit Insurance & Surety Association

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