Russia

Following the publication of AFC survey results – ‘Russian factoring sees 16-fold acceleration over past 3 years’ - Corneliu gives his view on why some Russian factors are planning to reduce investments into business development in the next year.

The Association of Factoring Companies (AFC) has released statistics for Russian Factors for the first 9 months of 2013.

The Association of Factoring Companies releases nine-month results.

NFC says it would factor RUB1 billion of KAMAZ invoices by the end of the year.

Association of Factoring Companies releases semi-annual results.

FC POLITEKS confirms its title of the fastest-growing factor in Russia.

As part of a large-scale project for developing its trade and export financing business, VTB Bank has signed deals worth around US$2.8 billion from January to July 2013, more than tripling its portfolio in this field.

The Association of Factoring Companies (AFC) have added Alfa-Bank to its membership roster.

AFC publishes disappointing results of the payment discipline study.

VTB (Georgia), VTB Factoring-Russia and Kindzmarauli Maranin launched a factoring pilot.