Experian arrives in Russia

With credit comes a credit history and Russia's booming consumer lending sector saw the first high-profile arrival of a Western credit agency on Tuesday.

VTB raises over Ђ27m from German bank

Vneshtorgbank (VTB) has raised more than Ђ27 million under a 6.5-year credit agreement with AKA Ausfuhrkredit-Gesellschaft mbH for long-term import financing covered by export insurers EULER HERMES (Germany) and SACE (Italy).