Factoring activity of financial enterprises in 2020

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In 2020, the study covered 52 entities conducting factoring activities. The number of purchased invoices by the surveyed companies increased by 4.7% compared to the previous year, and the value of purchased receivables decreased by 1.9% compared to the previous year. The number of clients using factoring services increased by 12.0%.

In the group of 52 surveyed entities conducting factoring activities in 2020, there were 43 non-banking enterprises conducting this type of activity and 9 commercial banks that dealt with factoring alongside statutory banking activities.