CE Faktor purchased invoices worth close to HUF 24 bln last year, giving it 2.6% market share. It has about 200 clients, and two-thirds of its business last year was in the commercial sector
According to the Hungarian Factoring Association, gross turnover of Hungaryʼs factoring market rose 14% to HUF 899 bln in 2014. MagNet Bank had total assets of HUF 104.8 bln at the end of last year.
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