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Russia

IFC aids ME growth with USD20m investment

The International Finance Corporation (IFC) has made US$20 million of capital available to support medium-sized companies in Russia by investing in the Elbrus Capital Fund II. (more…)

#international#investment#Jobs

FC POLITEKS opens representative office in Saint-Petersburg

FC POLITEKS (Politeks) actively develops factoring operations in Saint-Petersburg. (more…)

#bank#electronic factoring#international


Factors continue to increase their rates

Despite paying more for factoring, clients are not returning to banking credits. (more…)


FC POLITEKS passes 1bn rubles benchmark

Volume of outstanding portfolio of FC POLITEKS surpassed RUB1 billion. (more…)

#bank#i#international


Alfa bank to deliver EUR15 million working capital solution...

Alfa bank will provide Net Element with RUB600 million (EUR15 million) via factoring and a credit line. (more…)

#Alfa-Bank#bank#emerging markets


Net Element to receive RUB 600m from Alfa-Bank under...

Net Element, a global technology and publishing company that operates in mobile commerce and payment processing, has announced that Alfa-Bank,…


Non-recourse factoring grows, as do the risks

While Russian factors continue to grow their receivables portfolios, market experts are wary of higher risks. (more…)

#bank#banks#non-recourse factoring


Promsvyazbank releases H1 2012 results

Moscow-based Promsvyazbank has tripled its year-on-year profits and increased its total SME net loan portfolio in the first half of 2012.…

#bank#risks#Vice president


Promsvyazbank strengthens SME finance team

Promsvyazbank has promoted Kirill Tikhonov to Vice-President, Small and Medium enterprises business. (more…)

#bank#management#small business


International Factoring gets government support

The Russian Government has approved an action plan that includes development of international factoring in Russia. (more…)


Sberbank signs up two trade finance partners

Russia s Sberbank has signed trade finance agreements with HSBC and BofAML. (more…)


Sberbank to step on the factoring market

Sberbank may buy factoring unit from ... (more…)

#Alfa-Bank#bank#banks

Russian factoring market up 74 per cent

Association of Factoring Companies reports Q1 factoring market results. (more…)

#non-recourse factoring#recourse factoring

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