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Moody's Investors Service has today downgraded the long-term foreign and local currency deposit ratings of National Factoring Company CJSC (more…)
#alternative funding#bank#funding
National Factoring Company has settled an investor put option relating to its series 03 bond issue (more…)
Russian bank Transcapitalbank (TCB) has agreed to set up a joint venture with US lender International Finance Corporation (IFC) and…
#bank#funding#international
VTB Group announced their expansion into yet another financial field, saying it will begin buying up struggling firms' accounts receivable…
A move to remove the need for factors in Russia to operate with a licence has been passed by the…
Fitch Ratings has today downgraded the rating on the senior notes issued by Russian Factoring No. 1 S.A. (the issuer)…
#liquidity#receivables#risk
International rating agency Standard and Poor s confirmed the rating ruBBB- on the Russian scale and the long-term counter party…
Complications in the issuing of factoring licenses in Russia are presenting obstacles to local factors looking to develop financial services…
A new law which aims to limit money laundering is introduced. (more…)
#training#WHO
Ilya Pokamestov, General Manager of Factoring Pro, provides his views on the state of the Russian factoring industry and reveals…
#bank#exports#factoring law
Despite reporting a decrease in net profit, National Factoring Company has paid off the syndicated loan facility arranged by Standard Bank Plc and…
#bank#cash management#international
The National Factoring Company, founder of the Russian factoring market, celebrates its 10th year of business on Thursday, effectively marking…
#bank#commercial finance#international
According to a Russian factoring information website, factoring company Eurokommerz, until recently the Russian factoring market leader, held a meeting with it’s main creditors…