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Factoring perks up in France

The French factoring market returned to growth strongly last year, experiencing double digit uplifts in volume for each quarter, against 2009. Business volume rose 19.4 percent to 153.3 billion compared to 2009, figures from Association Franaise des Socits Financires (ASF) show. Growth for the final quarter of 2010 was 15.1 percent, showing a continued strong performance