Russia

World economic crisis may affect Russia's export majors

According to RIA Novosti, the current turmoil in the global financial markets may impair development opportunities for Russia's major exporters of raw materials.

Eurokommerz – Getting to the top of the Market

Eurokommerz is one of Russia’s leading factoring companies and has been operating since 2000. Gregory Karpovsky, CEO of Eurokommerz, spoke to Michael Bickers about how they have acheived their market leading position.

Russia's Bank National Factoring Company assigned 'B2/E+' rating

Moody's Investors Service has assigned financial strength ratings to Bank National Factoring Company CJSC.

SKB-Bank ranked 12th largest factoring company

SKB-Bank reports that, in terms of the money yielded, the bank was rated Russia's 12th largest factoring company by The Expert magazine.

Small businesses popular with lenders

Lending to small businesses has increased by more than 90% to about US$12bn in 2006.

Eurokommerz increase market share

Deloitte and Touche reported that Eurokommerz Commercial Finance experienced substantial growth in H1 2007.

Banks may reconsider lending practices

Blagodat Securities spoke to Ural Business Consulting about the possible changes in the way loans are given.

EuroKommerz to issue 4billion rubles in loan participation notes

EuroKommerz Factoring Company is planning to issue rubles 4 billion in three-year loan participation notes (LPN), a source in banking circles told.

Association of Russian factoring companies is registered

The Association of Russian Factoring Companies was registered on July 27.

National Factoring Company opens rep office in Kaliningrad

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