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FactorRus appoints new CEO

06 January 2010

Russian joint-venture factoring firm, FactorRus, has appointed a new CEO.

Read more: [Russian factoring] [Fimbank factoring joint-venture] [IFC factoring]

FactorRus, a factoring joint-venture of Transcapitalbank, FIMBank, and International Finance Corporation...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

A collateral manager may manage collateral well but it won’t tell you if someone’s about to go belly up.

Steven Pout, Agriservice - Brazil: Agri-sector bounces back - Trade Finance, July/August 2010