Is it factoring anti-banking business?
Journal: Business Education in the Knowledge Economy (Vol.2, No. 1)Publication Date: 2016-02-01
Authors : Peshkova Anna;
Page : 56-60
Keywords : factoring; factoring business; Factor; Bank; factoring company; participant on the factoring market;
Abstract
Factoring is very different from the already familiar banking products. It`s a difficult product. Since It represents a complex of services. There is an opinion that «this product is not for the bank». However: is it true? The article deals with the specifics of factoring over other traditional banking products, its features, as well as the problems of the organization department of the factoring bank. Also considered: why factoring can be interesting for the banks and the main differences from the bank`s factoring company.
Other Latest Articles
- Debt management in commercial banks
- It services management — as a basis for improving business performance
- Comparison of rail and truck freight transportation
- The labour market in the field of pharmacy, current condition and perspectives
- Possibilities and problems of microfinance institutions in Russia and the USA
Last modified: 2017-10-06 15:07:52