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Our story

Our Story

HISTORY

Some important stepping stones over the past 50 years paved the way to the creation of BNP Paribas Commercial Finance - a European market leader for Invoice Finance and Working Capital Solution in terms of geographic coverage, turnover and revenue.

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