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Russia

Russian factoring market posts 53 per cent growth in...

Russian market turnover amounted to RUB 484.1 billion ( 12.3 billion), which is a 53 per cent growth over 2009. (more…)

The Bear Essentials: factoring in Russia

Ahead of their presentation at BCR’s Receivables Finance International Conference, Nikolay Surikov, CFO, and Mikhail Yakunin, CEO, of Russia’s VTB…

#accounts payable#conference#international


FC ‘Life’ reports twofold factoring turnover growth

Factoring Company Life announces 2010 results. (more…)


VTB Factoring announces new general director

Mikhail Yakunin, vice-president of VTB Bank, takes position as general director of VTB Factoring. (more…)

#bank#international#management


NFC overcomes economic stagnation

National Factoring Company has announce d a RUB 6.7 billion ( EUR167,9 million) increase in factored volumes in 2010. (more…)


Factoring in Urals region recovers, but slowly

After a slump in the market in 2008-2009, Russia s Urals Federal region is gradually recovering its positions on the…

#bank#international#international factoring


EBRD supports SMEs in Russia's far east

The EBRD has agreed to make a senior unsecured loan of 2.345 billion roubles (equivalent to $77 million) to Russia…


AFC expands board at general meeting

The Association of Factoring Companies (AFC) recently held a general meeting of its members, during which the association expanded the…

#bank#management


Domestic factoring shows growth but international stagnates

For the first 9 months of 2010, Russian factoring market turnover amounted to US$10.billion, with international factoring volumes remaining low.…

#interest rates#international#management


New member joins AFC

Bank Petrocommerce a new member of the Association of Factoring Companies in Russia The Association of Factoring Companies (AFC) welcomes…


There are more factors in Russia then you think

Association of Factoring Companies (AFC) reports that it has finalized the first stage of the All- Russia factors census. (more…)


Standard & Poor's expects faster growth in Russian factoring

Standard Poor's has announced its assessment of the development of the Russian banking sector in 2010. (more…)

#bank#international#management

Promsvyazbank reports strong H1 growth in corporate and SME...

Promsvyazbank (PSB), Russian commercial bank and a factoring market leader, reports today that its portfolio showed strong growth in H1,2010...…

#bank#liquidity#management

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