MDM Bank has joined The Association of Factoring Companies Russia as a full member. It has been working in the Russian factoring market since 2011, providing classic factoring products to enterprises of different economic sectors in the segment of large and medium-sized businesses.
The Association of Factoring Companies (AFC) in Russia has published the preliminary results of the business development of its members in the first half of 2015. The total turnover of 18 members of the AFC has reached RUB642.4bn. The total portfolio on July 1, 2015 reached RUB206.3bn