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Analysis 1999/2000

Germany

The continuous double-digit growth of factoring in Germany was interrupted in 1999 by a decrease in turnover of 2% compared to 1998. A breakdown of the figures of each factoring company shows that the majority of companies increased their turnover by as much as 14%. The remaining companies experienced a decrease in turnover of up to 25%. This loss of turnover resulted from an adjustment of the companies' portfolios following a major bankruptcy.

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