IFG is delighted to announce that Erste Faktor Zrt. of Hungary has become our newest member (with Partner status).

Established in 2005, Erste Faktor Zrt. has recently shown dramatic growth, increasing its market share from under 4% in 2008 to over 10% by the first quarter of 2010 and in doing so, becoming the fourth largest player in the Hungarian market.

To support its aim of continued growth, Erste Faktor Zrt. wants to widen the scope of its import and export factoring operations.  Joining IFG provides access to a broad range of international business partners, expertise and knowledge which will all support Erste Faktor Zrt. in achieving its goals.

We wish them every success!