Factoring and Commercial Finance grow in H1 2012

Data collated from EUF members shows that, despite the overall difficult economic conditions prevalent in Europe, the Industry maintained growth in the first half of 2012. Volumes increased by 4% year on year and GDP penetration reached 9.67%. In the face of the general economic situation, this expansion reinforces the importance of Factoring and Commercial Finance in the funding of European enterprise.

See the Press Release for details