OREANDA-NEWS. October 26, 2009. The aggregate import factoring turnover reached nearly 10 mln. EUR. In the reporting period NFC provided import factoring services to 20 partners representing 16 countries within the framework of international factoring groups FCI and IFG, reported the press-centre of NFC.

NFC cooperates traditionally with export factors from Western and Eastern Europe, Baltic countries, CIS countries, Asia and South America. In the reporting period NFC extended partnership with new factoring companies from such countries like Italy, Austria, Egypt and France.

Import factoring transactions covered the following sectors: food stuff, beverages, durable equipment, cars, component parts and car spare parts, textiles, construction materials etc. More than 80% of the total business volume were operations with credit risk cover (full factoring).