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Our story

OUR STORY: 5 DECADES MARKET EXPERIENCE

The story of BNP Paribas Factoring Group dates back to 1960s. Our first local entity was established in 1963 in Italy. From that year to present, BNP Paribas Factoring Group always aims to co-operate with companies and offer best-in-class factoring solutions according to their needs and business models.

Over these years, BNP Paribas Factoring have important milestones in its history.

BNP Paribas Factoring has more than 50 years of market experience in invoice finance and factoring market. It is an important market in all over the world with its substantial contribution to reel economic growth and BNP Paribas Factoring is well-known and leader player in this market. Furthermore, since 2012, BNP Paribas Factoring becomes the overall brand name for our global Factoring business and move forward as European market leader based on turnover and international presence.

1963

Creation of Ifitalia by BNL. Ifitalia joined BNP Paribas in 2006

1965

KEFAM which is the predecessor of Fortis Commercial Finance was founded.
Creation of Denmark branch.

1974

Creation of Belgo-Factors N.V. in BE, making KEFAM a holding company.

1981

Creation of Germany branch.

1987

Creation of BNP Paribas Factor Portugal IFIC SA.
Foundation of FMN BE and FR

1992

Creation of UK branch. In 2012, name changed as BNP Paribas Commercial Finance.
Creation of Sweden branch.

1994

Creation of BNP Paribas Factor France as a result of merging Factoring activities of BNP Paribas and Universal Factoring

1997

Creation of TEB Faktoring as a subsidiary of TEB. TEB Faktoring joined BNP Paribas in 2005

2000

Creation of Fortis Bank.
Creation of FCF Holding.
Creation of BMCI Factoring (MAR)

2006

Creation of Poland branch. In 2015, after the acquisition of BGZ by BNP Paribas, their name turned to be BGZ BNP Paribas Faktoring.
Creation of Spain branch.

2009

Creation of BNP Paribas Fortis Factor as a subsidiary of BNP Paribas Fortis.

2010

Creation of GFCC in BE as a co-ordination centre for BNP Paribas Factoring.
Acquisition of International Trade Partners.

2011

Acquisition of Fortis Commercial Finance by BNP Paribas.
Transforming FCF to FCE Holding.

2012

BNP Paribas Factoring becomes the overall brand name for our global Factoring business.
Creation of BICIS Factoring (SEN)

2013

Creation of BNP Paribas Factor Netherlands.

2014

Creation of BICICI Factoring (CIV).

2017

Creation of UBCI Factoring (TUN).

1963
1965
1974
1981
1987
1992
1994
1997
2000
2006
2009
2010
2011
2012
2013
2014
2017