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Analysis 1997/1998

Germany

FACTORING IN GERMANY Juergen Nordsiek, Manager, Factoring Department, GEFA

Factoring usage is continuing to grow in Germany with average increases in turnover of 20% in recent years. International factoring accounts for almost one fifth of this, and plays an important role. With regard to the improvement in the overall economic conditions and the changes in the statutory regulations, nothing should stand in the way of factoring growing even bigger in Germany.


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Analysis 97/98




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