Rosbank Factoring took part in the IIIrd Annual forum “Credit risk. Solutions. Insurance”

    27 June

IIIrd Annual Forum “Credit risk. Solutions. Insurance”, organized by “Marsh-insurance brokers” company, ended in Moscow. RB Factoring was one of the participants of the event that gathered more than 100 credit management professionals.

During the forum, financial directors, credit controllers and chief financial officers from different spheres discussed current issues of account receivable management in current economic environment. The event was carried out in a format of panel discussions between the manufacturers and investment market representatives and received appraisal and positive feedback from the guests. The participants shared their working experience with these instruments, assessed the advantages and disadvantages of each of the models and discussed the efficiency assessment criteria of different mechanisms with the listeners, as the price is not always the only criterion while choosing the reliable liquidity protection.

“Rosbank Factoring is interested in the collaboration with insurance companies in the sphere of credit risk insurance. Due to the high level of insurers’ expertise in the sphere of account receivable assessment and the portfolio risk analysis, we have an opportunity to increase received risk limits for the buyers. It leads both to the growth of our business and to the diversification of credit risks in a portfolio,” Elena Orlova, Director of RB Factoring Business Development, who took part in a panel discussion devoted to the efficiency of various models of account receivable management.

RB Factoring

RB Factoring is a 100% subsidiary of Rosbank and offers the whole scope of factoring products, including regressive, non-regressive, reversed and international. Rosbank Factoring is a member of the management board of Russian Factoring Company Association and a member of Factors Chain International. It has an opportunity to close the deals of international factoring according to double factoring model all over the world.

Marsh

Marsh is a leading world insurance broker and risk consultant, a leader in development and implementation of innovational solutions in the field of risk management. More than 30 000 Marsh employees give consultations to the companies and individuals in more than 130 countries of the world. Along with Guy Carpenter, Mercer and Oliver Wyman companies, Marsh enters the membership of Marsh & McLennan Companies (NYSE: MMC). It is an international group that provides professional services on risk management, human capital and strategic consulting. The group consists of 65 000 employees all over the world and has a year income of more than 14 billion dollars.

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