The Russian Association of Factoring Companies (AFC) has published its preliminary data on the business development of its members in the first half of 2016
West Siberian Savings Bank, Sberbank, has reported that by the early summer of 2016 the credit portfolio of its legal entities exceeded the amount of RUB359bn
The first joint meeting of the AFC Legal Committee on the use of electronic document management in factoring transactions was held at the offices of Deloitte last week
On the first day of the St. Petersburg International Economic Forum, VTB Group and State Corporation "Rostec" signed an agreement on factoring financing energy saving measures to the amount of RUB100bn
The Russian Association of Factoring Companies (AFC), in the course of the "Week of Russian retail", presented an information and reference book Guide to Factoring Operations - designed to help customers in cooperation with suppliers and factors, among which the contracts are factoring
Russian food retailer X5 Retail Group has announced that it has successfully completed the pilot run and full-scale roll-out of FactorPlat, Russia’s first e-factoring solution
In the first quarter of 2016, the turnover of Rosbank Factoring increased by 18.4% compared to the same period last year, reaching RUB12.6bn, of which RUB140m was in international factoring (according to the Russian Association of Factoring Companies (AFC))
