Shareholders of International Factors Group (IFG) voted unanimously to proceed with a proposal from the board to merge with Factors Chain International (FCI) at the annual meeting in Vienna on October 21, 2015. The combined membership of the global trade association will have around 400 companies in 90 countries. The IFG promotes the interests of the factoring, invoice financing, and asset-based lending industry worldwide. FCI is a global factoring network. Their combination strengthens their voice and signals further strengthening of the industry.
Admir Imami, AGC Co-Founder and CEO, and Gilles Sablin, head of origination Africa, both attended the conference to strengthen connections with factors and financial services providers in emerging and underserved markets.