The FCI Export Factor of the Year Award recognises FCI Members who conducted Export Factoring and 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, 12 June 2024, the winners and runners-up were announced.
Below are the winners and runners-up for this category.
1st Place: Intesa SANPAOLO S.p.A., Italy
2nd Place: Eurobank Factors Single Member S.A., Greece
3rd Place: Piraeus Factoring Trade Claims Single Member S.A. (Greece)
About The Winner
Intesa SANPAOLO S.p.A.
We are the leading banking group in Italy in financial services for households and businesses, ranking among the top five groups in the euro area. INTESA is also a top player in Europe for factoring solutions
We serve 13.6 million customers in Italy with a network of over 3,300 branches nationwide. We also have a strategic international footprint with over 900 branches serving 7.3 million customers - including those of our subsidiary commercial banks - in 12 countries in Central and Eastern Europe, the Middle East and North Africa and an international network of specialists in support of corporate customers across 25 countries, particularly in the Middle East and North Africa, and regions where Italian companies are most active.
Our Mission
People of Intesa Sanpaolo
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Believe in the integrity and sustainability of our actions and our Bank.
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Care for our customers through the excellence of our products, services, and behaviour.
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Create value and innovation for people, businesses, and communities in all countries and areas where we operate.
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Build a future that fosters sustainable development in favour of the environment, the younger generations, and a truly inclusive society.
About The Runners Up
Eurobank Factors Single Member S.A.
Eurobank Factors SA is a wholly owned subsidiary of Eurobank SA. The company offers factoring and forfaiting services to the Greek market. Eurobank Factors SA provides immediate funding and cash flow services to businesses. Eurobank Factors SA is the leader in factoring services in Greece, with a 34% market share. FCI ranked Eurobank Factors SA: Best export and import factor worldwide (2023, 2011 and 2009) and 3rd best export factor worldwide (2017). The factors are assessed and ranked following a voting session among FCI members during their annual meeting. It is based on quantity and quality criteria, including the quality of the services offered by the factors and the amount of their assigned export receivables. EFG Factors SA was incorporated as a factoring company in 1999. In 2008 the company changed its corporate name to EFG Factors SA and in 2012 to Eurobank Factors SA.
Piraeus Factoring Trade Claims Single Member S.A. (Greece)
At Piraeus Factoring, we actively support economic activity and extroversion through specialized solutions and high-level customer services. This global distinction confirms our ability to assist Greek export companies in their effort to expand their business in new markets.
Founded in 1998, Piraeus Factoring S.A. is a wholly owned subsidiary of Piraeus Group and a founding member of the Hellenic Factors Association. As part of Piraeus Bank Group, the leading financial group in Greece regarding customer loans and deposits, and a long-standing member of FCI, we provide sustainable and secure financial services solutions to all companies, regardless of their size or business sector.