Russia

The turnover of the participants of the AFC for the first 9 months of 2015 exceeded one trillion rubles

At the end of 2015, a number of changes in legislation will come into effect in Russia, thanks to which factoring is expected to become even more of an efficient and convenient tool for business development

Total accounts receivable for products delivered to Russia by Belarusian enterprises increased by more than 30 per cent from the beginning of the year, Minister Counselor of the Belarusian Embassy in Russia Vladimir Koltovich has revealed

The Russian Association of Factoring Companies reported on the results of a survey of its members in relation to the prospects of promoting a transition to electronic document management customers

Factoring Savings Bank has appointed Pestov Alexander as Director of Sales

The Association of Factoring Companies (AFC) with the support of "SME Bank" has held another collection of statistical indicators of the Russian factor in the segment of SMEs in the 1st half 2015

Leonid V. Kultygin has been appointed Operational Director of Savings Bank Factoring

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

Bank VTB (Azerbaijan) has started rendering factoring services to the local producers, according to Zaur Rasulov, member of the board, head of the corporate business department

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.