The factoring market could double this year – Lina Zaika
The factoring financing portfolio in Ukraine grew by 30% in 2025 compared to the previous year. This was reported by Lina Zaika, Head of the Factoring Finance Department at OTP BANK JSC, during a roundtable organized by the Financial Club.
“The factoring market is quite dynamic, growing every year and already exceeding pre-war levels. In terms of factoring portfolio growth, according to NBU statistics, OTP BANK is outperforming the market average, expanding faster than the market. In 2025 alone, we financed invoices totaling nearly UAH 8.4 billion, and in the first quarter of 2026 — already UAH 2.7 billion. Interest in the product is increasing,” she emphasized.
According to Lina Zaika, growing interest in the product is also driven by publications about the new factoring law coming into force in July this year.
“Factoring has many advantages. It is an unsecured financing product that allows suppliers of goods or services to cover cash flow gaps arising between the delivery of goods and payment, which is received with a delay. At OTP BANK, a supplier can obtain up to 90% of the amount of accounts receivable. At the same time, implementing factoring involves many nuances that require experience and expertise,” the speaker noted.
According to her, more than 90% of OTP BANK’s portfolio consists of financing provided to medium and large companies in sectors such as distribution, agriculture, FMCG suppliers, manufacturers and wholesale sellers of construction materials, as well as importers of computer and household appliances.
“Companies’ key demand is not only for low interest rates, but also for access to funds and the speed of financing decisions in order to bridge the gap between shipment and payment. Businesses need not only financing, but also a reliable banking partner that understands the client’s needs,” Lina Zaika summarized.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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