Russia

The Russian Association of Factoring Companies (AFC) has announced on 28 December 2015 the entry into force of the key legal acts that provide access for Russian exporters to open international (export) factoring

VTB Factoring has signed an agreement on factoring services with "IDGC of Center and Volga Region", with an initial limit of RUB250m

The Russian Association of Factoring Companies (AFC) with the support of "SME Bank" held a regular collection of statistical indicators of the Russian factor in the segment of SMEs in the first nine months of 2015

Sberbank factoring has signed a general contract of factoring services for financing the transport of petroleum products

The Russian Association of Factoring Companies (AFC) has published statistical indicators of the Russian factor in the first nine months of 2015.

The Association of Factoring Companies (AFC) has announced that "Credit Bank of Moscow" is now a full member.

Factoring is among the priorities of the Strategy of development of small and medium sized enterprises up to 2030

The Russian Association of Factoring Companies (AFC) reported on the outcome of the October 15, 2015 extraordinary general meeting of its members. The key issue on the agenda was an exchange of views on the factors of the current situation and forecasts of the Russian factoring market in 2016

VTB Factoring is increasing its cooperation with one of the key players in the fishing industry of the Far East - Tymlatskim fish factory - increasing the funding limit of up to RUB150m, thus contributing to the development of import substitution in the Far East

The Association of Factoring Companies (AFC), Russia, has announced the inclusion of factoring as one of the mechanisms for achieving the goals and objectives of the development strategy of small and medium-sized businesses in Russia until 2030, prepared by the Ministry of Economic Development of the Russian Federation