Companies in the industry have exhibited resilience this year, showing what it takes to truly bounce back.
In their latest Annual Review, FCI shares articles by FCI senior executives including a roundtable discussion, regional updates, the Global Industry Activity Report, and more.
FCI publishes its Annual Review every June, highlighting FCI’s annual figures as well as global factoring statistics.
The 2022 edition, starts with an article from Daniela Bonzanini where she reflects on the growth of FCI in 2021.
Then we hear from FCI Secretary General, Peter Mulroy who reports on the global factoring market, FCI membership and the previous year’s projects.
This year’s roundtable discussion featured John Oliver, Stefan Wagner, Christine Chartier, and Gavin Tarr as they discussed the factoring industry evolution and where we are on regulation, digitalisation, and risk.
FCI Regional Directors, Alberto Wyderka, Lin Hui, and Betul Kurtulus, FCI Regional Managers, Nassourou Aminou and Thompson Lui, and the EUF Chairman, Fausto Galmarini, discuss their insights on their regions.
They shared updates on 2021 figures, regulation, advocacy, awareness, membership, challenges, and their outlook for 2022.
Aysen Centinas, education director at FCI explained how education on supply chains can help to solve challenges, in the FCI Academy section.
FCI Administration Director, Kyle Mota, shared the economic report.
Then we move to the 2021 figures, Ciprian Radu, business and IT solutions manager at FCI, explains the 2021 Global Industry Activity Report (GIAR) and FCI in figures.
Finally closing this year’s edition with the statistics for factoring turnover by country/territory in 2021 and the total factoring volume by country/territory in the last seven years, which saw significant increases.
“The 2022 FCI Annual Review is a key resource for any executive or person of interest within the factoring, supply chain, and receivables finance industry,” Peter Mulroy said.
“It is all-encompassing providing an in-depth overview into the current conditions of the industry but also provides insight and guidance as to where the industry is heading and its potential impact on your businesses.
“Most importantly it’s an in-depth journey into the recent past, with both quantitative and qualitative data provided, dissected, and analyzed to give you the best picture possible as to the direction of our industry.”
We expect to see again how factoring companies will prove their crisis-proof position after the turmoil of the global pandemic and the invasion of Ukraine.
If the statistics are anything to go by, the industry is in good hands and will power through and come out stronger than ever before.