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Deutsche Forfait sees silver lining in crisis
24 April 2009
After posting record results for 2008, Deutsche Forfait is facing difficulties on the placement side but sees hope in higher margins.
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Deutsche Forfait
forfaiting credit crisis
placement
DF Group
emerging markets forfaiting
receivables
DF Deutsche Forfait has achieved record results for the 2008 financial year and improved its consolidated profit for the fifth year in a row.
With net income of Eu5.8 million, the foreign trade financer specialising in exports to emerging markets achieved 9% growth compared to the 2007 financial year. The company thereby confirms the preliminary figures for 2008...
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