Eurobank Factors, a wholly owned subsidiary of Eurobank S.A., has maintained its leading position in the Greek factoring market for the 17th consecutive year, according to 2024 data published by the Hellenic Factors Association. At the same time, the company received yet another international recognition from FCI, ranking among the top providers of export factoring services globally.
- With a 29% market share, Eurobank Factors achieved a historic high in turnover for 2024, with total assigned receivables reaching €7.85 billion, compared to €7.45 billion in 2023.
- Profitability reached €26.4 million, reflecting strong operational performance and strategic discipline, despite ongoing margin compression driven by intensified market competition.
- Financing balances as of 31 December 2024 stood at €964 million, marking the highest performance in the Company's history.
On the international front, Eurobank Factors ranked 2nd globally in export factoring services, according to FCI—the leading global organization in the factoring industry, with more than 400 members across 90+ countries and a legacy of over 50 years. The distinction was announced at the 57th Annual International Conference held in June in Rio de Janeiro. This marks the 10th international distinction awarded to Eurobank Factors by FCI, consistently placing the Company among the most recognized firms in the industry worldwide.
Eurobank Factors continues to invest strategically in its digital transformation, further enriching its portfolio of automated mass-servicing solutions, such as Reverse Factoring (Suppliers’ Financing), where it maintains a leading position in the Greek market._