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"Dangerous tendencies" have been detected in the way the Russian economy is developing which demonstrate "numerous problems in providing for economic growth and macroeconomic indicators", Prime Minister Mikhail Fradkov said on Friday at a meeting with representatives of the Chamber...
#economy#GDP#investment
Russia’s first independent professional factoring company has entered the market. The commercial bank, National Factoring Company Uralsib-NIKoil (NFC), was the…
The European Bank for Reconstruction and Development (EBRD) plans to increase loans to small business in Russia to US$2 billion…
Russia's small businesses need nearly a trillion rubles of financial resources, Yevgeny Primakov, president of the Russian Chamber of Commerce…
The European Bank for Reconstruction and Development (EBRD) will put US$15 million into a project to develop the leasing of…
A newly named star appears in the night sky with the name ‘Factoring’, according to Mikhail Treyvish, chairman of the…
#factoring industry
Victor Khristenko, the acting prime minister of Russia, said that the Russian government must remove all of the negative issues…
Foreign inflows soared 50 per cent from 2002 as Russia attracted a record US$29.7 billion last year. Foreign loans led…
Direct investment in fixed assets at Russian companies increased 12% in 2003 to US$72 billion, according to early figures. Foreign…
#exports#investment#trade
Vneshtorgbank will lend small- and medium-sized businesses (SMEs) US$1bn this year, said bank head Andrey Kostin after a meeting with…
#bank#interest rates#small business
The Central Bank of Russia has lowered the refinancing rate to 14% from 16% as of 15 January. The Central…
#bank
The European Commission, the supreme executive body of the European Union, is ready to support small- and medium-sized enterprises (SMEs)…
To date, it appears that no securitisation of receivables, whether domestic or cross-border, has been accomplished in Russia due to…