OREANDA-NEWS. July 18, 2014. The Association of Factoring Companies (AFC) and SME Bank have collected statistical data on the Russian factoring companies operations in the SME segment in Q1 2014.

According to the research the Russian factoring market turnover in the SME segment in January-March of the current year amounted to RUB 77 bln. Inasmuch as a number of large factors (NFC, Bank Vozrozhdenie, FC Econom-Factoring and others) didn’t provide their data the actual amount of factoring operations with SMEs in Q1 2014 may exceed the survey data by 25-30%, i.e. pass the RUB 100 bln level.