According to the results of 2009 NFC import factoring turnover amounted to approximately 12,6 mln EUR, that allowed the company to keep the top position among Russian Factors performing import factoring operation.

NFC performs import factoring operations within “Two-Factor Import Factoring” service that implies assessment of Russian importers, receivables management and credit risk protection and is rendered in favor of foreign factoring companies – the NFC partners under international factoring groups FCI and IFG. In 2009 NFC provided import factoring services to 20 partners representing 16 countries. The services rendered by NFC allowed foreign factoring companies to support exports of their clients to Russia without credit risk, that in its turn, gives the opportunity to the Russian importers to work on open account terms with their suppliers without providing bank guarantees or letter of credit. NFC co-operated with export-factors from Argentine, Belgium, Poland, France, China, Israel, Chile, Greece, Italy, USA, Lithuania, Estonia, Japan. In the reporting period NFC started cooperation with new partners from the following countries: Italy, Austria, Egypt and France. Import factoring transactions covered such sectors as food stuff, beverages, including alcoholic, machinery and equipment, component parts and car spare parts, textiles, construction materials etc. 80% of the total business volume was assigned under credit risk protection terms (Full factoring) and 20% - receivables assigned on collection only basis.