The French factoring market on 30 September 2012

 

An encouraging sign for factoring companies in summer 2012: after five consecutive quarters of slowdown, the pace at which business developed over the last three months (+6.9% in terms of annual change) remains stable versus the previous quarter.

In the first nine months of the year, there was still a marked deceleration in growth: the increase in the amount of debts taken on (135 billion euros) was +7.8% in annual change, after +15.2% for the same period in 2011 and +21.3% for the same period in 2010.

Source: ASF

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