factoring International Factoring Armenia 10-11-2011 Bank VTB to introduce international factoring in 2012 The Russian-owned Bank VTB (Armenia) has introduced a successful project for recourse factoring and is planning to introduce a non-recourse international factoring in 2012. The Russian-owned Bank VTB (Armenia) has…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here