What Is This Award About?
FCI members are conducting dual-member International Factoring, meaning an export factor in the export country works with the import factor in the import country to perform the factoring transaction. Members offer either export and/or import factoring.
The FCI Export and Import Factor of the Year Award recognises FCI Members who received the highest grade from several criteria, including Service quality, Number of votes (ratings), Factoring volume, Number of invoices and credit notes, Individual response time, Individual collection period, and Coverage ratio. During the FCI Award Dinner on Wednesday, 1st November 2023, the winners and runners-up were announced.
Below are the winners and runners-up for this category.
1st Place: BNP Paribas Factor, France
2nd Place: UniCredit Factoring S.p.A., Italy
3rd Place: Intesa SANPAOLO S.p.A., Italy
About The Winner
BNP Paribas Factor
For more than 20 years, BNP Paribas Factor has been supporting businesses both in France and abroad with its factoring services. BNP Paribas Factor provides a full range of online factoring services and payment of invoices within 8 hours, leaving business owners with time to focus on their business by supporting them with their financial management. BNP Paribas Factor helps improve your cash flow, releasing you from the pressures of the last week of the month’s cash management. The strength of our factoring solutions, reinforced by being part of the BNP Paribas group and our physical and digital networks, is what makes BNP Paribas Factor a leader in today’s factoring industry and in promoting the growth of companies in Europe.
About The Runners-Up
UniCredit Factoring S.p.A.
UniCredit Factoring, part of UniCredit Group, is a company specialising in the offering of Factoring products and services. With its presence on the market for over 50 years, UniCredit Factoring is one of the organizations which had the greatest impact on the development and spreading of Factoring services in Italy. Over time, UniCredit Factoring has constantly broadened its professional and specialized skills, making available Factoring services to companies, regardless of their size or business sector. With a turnover in excess of €62 billion in 2022, UniCredit Factoring is now one of the leading Factoring companies in Italy. UniCredit Factoring is an active member of FCI and offers tailored high-quality factoring services supporting, globally, the import and export activities of Italian companies.
Intesa SANPAOLO S.p.A.
The Intesa Sanpaolo Group is one of the top banking groups in Europe, with a significant ESG commitment, a world-class position in Social Impact and a strong focus on climate. Intesa Sanpaolo is the leader in Italy in all business areas. The Group offers its services to 13.6 million customers through a network of over 3,300 branches well distributed throughout the country with market shares no lower than 12% in most Italian regions. Our global network is comprised of International Subsidiary Banks operating in 12 countries in Central Eastern Europe and Middle Eastern and North African areas and an International Corporate Network formed of Corporate Hubs, Representative Offices, Branches and Banks active in 25 countries around the world.
>> Learn more about the 2023 and past winners by clicking here.
Discover more
- Learn more about Factoring and how it can help your business by enrolling in an on-demand course today through the FCI Academy. Click here to find a course that is right for you.
- See who will win in 2024 by attending the 56th Annual Meeting in Seoul on 9-13 June 2024. Click here to find out more.