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Russia

Moody’s upgrades its outlook for National Factoring Company

Moody's Investors Service yesterday changed to stable from negative the outlook on the B3 long-term foreign and local currency deposit ratings as well as ... (more…)

#bank#funding#liquidity

Promsvyazbank announces its new President and Chairman of the...

Sept. 4 th 2010: Promsvyazbank announced that its Board of Directors had elected Artem Konstandyan as a new President and…


EBRD to increase financial support of SMEs in Russia

The EBRD will lend up to 2.9 billion roubles (equivalent to Euros 76 million) to enable Credit Europe Bank to…

#bank#liquidity#small business


Russian factoring volume reaches 185.5 rubles in first half...

The Russian factoring industry achieved total factoring volumes of 185.5 billion rubles in the first half of 2010, according to…

#international#international factoring#receivables


Russian leadership

Dmitry Shevchenko, Executive Director at the Association of Factoring Companies (AFC) in Russia, talks to Factorscan about his recent appointment…


Coface reinforces its credit insurance position in Russia

Coface reinforces its credit insurance position to serve efficiently the dynamic emerging Russian market. (more…)

#international#management#receivables


EBRD and IFC raise $164 mln for Russian SME...

The EBRD and IFC, the private sector arm of the World Bank, have joined forces to raise $164 million for…

#bank#Commerzbank#ING


Raiffeisenbank and IFC working to expand access to trade...

IFC, a member of the World Bank Group, is providing a 20 million guarantee facility to its long-term partner, ZAO…

#bank#emerging markets#guarantees


Association of Factoring Companies in Russia appoints new Executive...

The Association of Factoring Companies in Russia has announced the appointment of Dmitry Shevchenko as Executive Director. (more…)


PSB to launch cooperation with IFC

Promsvyazbank (PSB) and the International Finance Corporation (IFC) have signed a 50 million US dollar trade finance guarantee facility agreement.…

#guarantees#international#International Trade


EBRD considers loan to MDM Bank for on lending...

The EBRD is considering providing a senior loan of 3.5 billion rubles (91 million euros) to MDM Bank, a private…


Coface becomes first international credit insurer to gain Russian...

Coface this week became the first international credit insurer to get its license in Russia. According to a report from…

#debt collection#international#management

Promsvyazbank receives EBRD loan

The EBRD has raised $250 million for Russia s Promsvyazbank under an (more…)

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