Contributions of the different fields of business to the turnover of the Deutsche Factoring Bank

 

Share of international business declined

As can be seen below, the Deutsche Factoring Bank revenue arising from domestic and export factoring developed quite favourably, whereas the import business only recorded a moderate rise:

Domestic Business
 EUR '000
2,289
 + 39 %
Export-Factoring
 EUR '0001,336 + 19 %
Import-Factoring EUR '000 434 + 3 %

In 2010, the share of international business fell by 4 to 25 % of total turnover. Our cooperation with our partners in the Factors Chain International (FCI) remains the backbone of our import business activities.

The main focus of our activities was on nonrecourse factoring, which accounted for some 98 % of our total volume of business.