VTB Factoring, a subsidiary of JSC VTB Bank, provides factoring services since 2009. VTB Factoring covers the whole territory of Russia through its own branch network in 18 largest cities of Russia and branches of JSC VTB Bank.

VTB Factoring is a member of the largest international factoring association IFGroup and Association of factoring companies, that unites the Russian factoring market.

VTB Factoring is the absolute leader of the Russian factoring market. The priority direction for the company’s strategy is to cooperate with the major companies on the Russian market of goods and services.

For the 2013 VTB Factoring turnover of assigned receivables equals to 453 billion rubles, the Factoring portfolio is about 90 billion rubles.

VTB Factoring offers a full range of financial services to work with accounts payable and receivable.

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