The aggregate import factoring turnover reached nearly 10 mln. EUR. In the reporting period NFC provided import factoring services to 20 partners representing 16 countries within the framework of international factoring groups FCI and IFG. NFC cooperates traditionally with export factors from Western and Eastern Europe, Baltic countries, CIS countries, Asia and South America. In the reporting period NFC extended partnership with new factoring companies from such countries like Italy, Austria, Egypt and France. Import factoring transactions covered the following sectors: food stuff, beverages, durable equipment, cars, component parts and car spare parts, textiles, construction materials etc. More than 80% of the total business volume were operations with credit risk cover (full factoring).

Press contacts

Daria Nikolaevskaya

e-mail: nik_da@factoring.ru

+7 495 7875337

About NFC

National Factoring Company is one of the leading Russian factors providing a wide range of factoring services - accounts receivable financing, credit risk coverage, receivables collection and ledgering, debtor assessment. ‘Commercial factoring' can be used both for domestic and international operations. NFC is a member of the two leading global factoring associations - International Factors Group and Factors Chain International. Moody's Investors Service's and Standard & Poor's ratings were assigned to NFC. In 2007 NFC's risk-management system was audited by PricewaterhouseCoopers. According to the audit report, the system corresponds to best international practice.

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