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Russia

National Factoring Company Issues Rouble-denominated bonds

Experts think rouble-denominated CLN are of interest to foreign investors and the issuer, in turn, has the chance to place (more…)

#bank#bonds#interest

Eurokommerz issues bonds on MICEX

Eurokommerz, one of Russia's leading factoring companies, will issue 01 Series bonds on the MICEX Stock Exchange (more…)

#bonds#investment


EBRD makes loan to VTB 24 bank, SMEs to...

The European Bank for Reconstruction and Development, the pioneer of small business lending in Russia, has provided a (more…)


Competition regulator probes factoring transactions

Russia's anti-monopoly service has launched an inquiry into factoring operations to sell accounts receivable conducted by (more…)

#assignment#bank#banks


Investment Company acquires 50pc stake in Eurokommerz Factoring Company

Eurokommertz is the largest factoring company in Russia and the CIS countries ranks first on the factoring market in the…

#bank#economy#funding


Coface forms venture with Russian insurer JSC Capital

French credit insurance and rating group Coface has formed a credit insurance joint venture with Russian insurance company JSC Capital,…

#banks#European Commission#guarantee


US$50 m to help boost small business finance

One of Russia's top private banks, MDM Bank, is joining the Russia Small Business Fund (RSBF) lending programme. A five-year…


USD30 m loan for Bank St. Petersburg to boost...

The European Bank for Reconstruction and Development (EBRD) has agreed to lend US$30m to Bank St. Petersburg in a transaction…


KFW to lend US$20m for Promsvyazbank SME financing programme

Germany's Kreditanstalt fur Wiederaufbau (KfW) has signed an agreement to lend Russia's Promsvyazbank US$20m over seven years to finance small-…


International Moscow Bank to implement FORPOST factoring software

Jet Infosystems is a system integrator and a supplier of key informational infrastructure components to large organisations and companies in…

#bank#banks#international


NFC Bank plans to issue credit-linked notes worth RUB...

The Bank National Factoring Company LLC (NFC) is planning to issue ruble-denominated credit linked notes (CLNs) worth RUB 2bn before…

#Alfa-Bank#bank#banks


Factoring licenses may be abolished

The RF Duma is considering an amendment to the Civil Code that, if ratified, will resolve an inconsistency in Russian…

#credit risk#receivables#risk

Fortis appoints country manager for Russia, targets export finance

Fortis has appointed Maarten Pronk country manager for Russia (more…)

#bank#ING#international

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