|
Published 02/02/2010
The aggregate import factoring turnover reached nearly 12,6 mln. EUR. As a member of the International Factors Group and Factor Chain International, NFC actively worked with 20 partners representing 16 countries of the world in the reporting period. NFC cooperates traditionally with export factors from Western and Eastern Europe, Baltic countries, CIS countries, Asia and South America. Factors from countries of South America, including those from Argentine, Brazil and Chile, are the most distant partners for NFC. In the reporting period NFC extended partnership with new factoring companies from such countries as Italy, Austria, Egypt and France. The wide geographical coverage of international factoring in many ways determines the diversified range of goods, imports to Russia of which are factored by NFC: food stuff, beverages, durable equipment, cars, component parts and car spare parts, textiles, construction materials etc. Full factoring operations (with credit risk protection) in respect of Russian importers in the interests of export factors account for more than 80% of the turnover, collection only operations related to receivables ledgering (without risk coverage) for the remaining 20%.
|