Rosbank Factoring increasing in turnovers by 74 %
- 08 August
According to the results of the first half of 2017 Rosbank Factoring has shown a significant increase in factoring turnovers by 74%, factoring portfolio has grown by 13.2%, and the number of customers by 19% as compared to the results of the same period in 2016. The company maintains a leading position among international factors in the Russian factoring market.
"Our indices, achieved in the first half of 2017, demonstrate a well-coordinated work of Rosbank Factoring team to implement our strategy, aimed at growth and diversification of the factoring portfolio, while maintaining the level of overdue debt on a minimum level along with the constant improvement of the services quality, provided to our customers," - said Jean-Pascal Peltier, CEO of Rosbank Factoring.
Rosbank Factoring is a 100% subsidiary company of Rosbank, providing a full range of factoring products, including regressive and non-recurring, reverse, international ones. Rosbank Factoring is a member of the Board of the Association of Factoring Companies of Russia and a member of the international factoring organization Factors Chain International, having the opportunity to carry out international factoring transactions on a two-factor model all over the world. According to the results of 2016 Rosbank Factoring takes the 8th position in terms of turnover, according to the Association of Factoring Companies.