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Russia

National Factoring Company opens rep office in Kaliningrad

The Kaliningrad office will be the 19th opened by National Factoring Campany in its regional network. (more…)

#invoice#management#risk

Moody's rates Russian factorer Eurokommerz

Factoring group Eurokommerz has received a B2 long-term foreign and local currency rating from Moody's, with a stable outlook. (more…)

#liquidity#management#risk


Eurokommerz Factoring Company holds 22% of the market

Eurokommerz is Russia's leading factor by volume of transferred receivables, taking around 22% of the market according to 2006's ranking.…


Russia's URSA Bank raises US$63m loan for trade financing

Russia's URSA Bank had raised a US$63m syndicated loan with a 12-month maturity. (more…)

#bank#banks#ICICI Bank


SME funding in Barents region

Experiences in cross-border co-financing and the needs SMEs were the main topics of the 6th Barents Industrial Partnership meeting. (more…)


Atradius and AlfaStrakhovanie sign Co-Operation agreement for credit insurance...

Atradius N.V., a leading global credit insurer, and AlfaStrakhovanie, one of the largest insurers in Russia and part of Alfa…


MKB Factoring portfolio tops R1.0 bn

Credit Bank of Moscow (MKB) has increased the turnover of the debt it serves under factoring terms to R3bn since…


EBRD acquires blocking stake in SKB-Bank for over roubles...

The European bank for Reconstruction and Development is acquiring a stake of over 25 percent in SKB-Bank, one of the…


MDM Bank raising US$500m loan in 2 tranches

MDM Bank is planning to start syndicating a US$500m loan this week. The bank will use the loan to develop…


NBD Bank, FMO sign US$7.5m loan agreement

NBD Bank in Nizhny Novgorod and the Netherlands Development Finance Company FMO have signed a five-year loan agreement of US$7.5m,…

#bank#emerging markets#guarantees


NFC factoring portfolio rose in 2006

National Factoring Company (NFC) saw quite strong dynamics in Q4 2006 with the gross portfolio of factoring advances up by…


Bank Renaissance Capital reduces fraud with Experian Scorex Hunter...

Bank Renaissance Capital, one of the fastest growing consumer lending banks in Russia, has achieved a significant decrease in its…

Progress-Garant Insurance Co's Fitch ratings affirmed and withdrawn

Fitch Ratings said it has affirmed Russian insurer Progress-Garant Insurance Co's ratings with a positive outlook. Simultaneously, Fitch said it…

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