Factoring firms with a 13.6% turnover increase in H1
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Polish factoring companies had a 13.6 percent increase in turnover to PLN 83.6 billion in H1, factoring lobby Polski Związek Faktorów (PZF) announced. In the first six months of the year, such companies had 8.1k customers (up from 7.2k y/y), they financed nearly 4 million of invoices (valued PLN 21.5k on average). The biggest companies in the sector include ING Commercial Finance (PLN 12.59 billion in turnover), BZ WBK Faktow (PLN 11.1 billion), and Raiffeisen Polbank (PLN 8.59 billion).