2021 Business awards announced at FCI 53rd Annual Meeting 2021

FCI announced the winners for the 2021 Business Awards at this year’s 53rd Virtual Annual Meeting today. The announcement followed the election of FCI’s new Chairwoman and Executive Committee. Below are the categories of each award along with the winner and runner-ups.

Best Performance as Import Factor 2021

1. Deutsche Factoring Bank – 99.23%
2. Wells Fargo Bank, USA
3. BNP Paribas Factor, France

This year saw a decrease in scoring for the Average Import Factoring Service from 93.63% back in 2019 to 90.54% in 2021.

Best Performance as Export factor 2021

1. Garanti Factoring, Turkey – 100%
2. Yapi Kredi Faktoring A.S., Turkey
3. Piraeus Factoring S.A., Greece

This year saw a decrease in scoring for the Average Export Factoring Service from 97.50% back in 2019 to 95.5% in 2021.

Grand FCI Prize 2021 Import and export factor of the year

1. UniCredit Factoring, Italy – 91.91%
2. BNP Paribas Factoring, France
3. Garanti Factoring, Turkey

This year saw a decrease in scoring for the Average Import & Export Factoring Service from 97.50% back in 2019 to 95.5% in 2021.

FCI 2021 Import & Export Factor of the Year – Asia Pacific

1. Mizuho Factors, Japan
2. MUFG, Japan
3. Standard Chartered, Singapore

FCI 2021 Import & Export Factor of the Year – Africa & Middle East

1. Egypt Factors, Egypt
2. Maroc Factoring, Morocco
3. Tunisie Leasing & Factoring, Tunisia

FCI 2021 Import & Export Factor of the Year – Americas

1. Wells Fargo, USA
2. Banco Ourinvest, Brazil
3. Tanner Services, Chile

FCI 2021 Import & Export Factor of the Year – Europe

1. BNP Paribas, France
2. Garanti Factoring, Turkey
3. Yapi Kredi Faktoring A.S., Turkey

Best Service quality improvement since 2020 as Export Factor

1. BRD Société Générale, Romania – (+)2.6%

Best Service quality improvement since 2020 as Import Factor

1. Banca IFIS, Italy – (+)7.15%

Quality Consistency over the past 5 years

1. BNP Paribas, France – average 93.34%

As expected, the Covid affect hit many companies and while everyone was trying to survive the turbulence and adapt to these new challenges, many companies still managed to get through with great results all around. Until next year, companies can keep moving forward and show how truly resilient the factoring industry is. After all, Factoring has been through many challenges including wars, plagues, geopolitical issues and now this pandemic, but the industry is extremely resilient and we get through this as well.

24/09/2021