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Russian-based Nomos Bank has extended its previous limit on factoring operations by RUB 1 billion to Transaero, one of the largest aviation companies in Russia. (more…)
#bank#risks
In the rating by the country's leading Rating Agency, Expert RA, Nomos bank takes the seventh position in terms of…
#bank#risk
The new requirements for calculating capital adequacy at Russian banks, developed by the Central Bank, will reduce the competitiveness of…
#bank#banks#capital requirements
Trade and services handled by the Russian factoring industry nearly doubled in 2011. BCR Factorscan met with Mikhail Yakunin, General…
The financial services provider, OJSC JSCB International Financial Club (IFC Bank), in cooperation with the National Factoring Company, has begun…
As Russia integrates into the World Trade Organisation, Factoring can play a vital role for both importers and exporters says…
Market share of VTB Factoring Ltd. grows to 22 per cent, according to the results of Factoring Market Research by…
#Alfa-Bank#bank#liquidity
In 2011 Russian factoring turnover grew 82 per cent, year on year, the Association of Factoring Companies reports. (more…)
#banks#invoice#liquidity
NFC Group funds out increases more then 75 per cent in 2011, while turnover of factoring without recourse more then…
Bank National Factoring Company (NFC), has announced that in the Q4 2011 its net profit dropped by 76.12 per cent…
#bank#interest#interest rate
Promsvyazbank (PSB) consolidated its position as international factoring leader in the Russian market in the second half of 2011, according…
Russian import and export trade companies are appealing to their government to simplify legislation on invoice financing in a bid…
Russia has been granted admission into the World Trade Organisation (WTO) after 18 years of negotiations, paving the way for…