By estimate of Rating Agency “Expert RA” National Factoring Company was awarded in three nominations : “The highest diversification of risks”, “Leader in the segment of import factoring”, “For high reliability”.

Following the results of the factoring market research carried out by “Expert RA” in 2009, National Factoring Company was awarded with 3 diplomas:

1. “For high reliability” as a factor assigned public creditworthiness rating “A” (High level of creditworthiness) by “Expert RA”.
2. “The highest diversification of risks” for the largest number of buyers on one Client.
3. “Leader in the segment of import factoring” as the leading factor according to the volume of assigned receivables within the segment of import factoring in 2009.

Festive awards ceremony took place on 20th of May 2010 at VI conference “Factoring in Russia - 2010: strategies of growth”, organized by “Expert RA”.

Marina Musiets, the expert of credit institutions ratings service of “Expert RA”, presented the results of ratings agency research. For instance, the decrease of factoring market in 2009 wasn’t due to the problems with financing as expected, but due to the decrease of demand for factoring. According to Rating Agency “Expert RA”, the volume of factoring market decreased by 40% in 2009 and amounted to RUB 360 bln. The outlook for 2010 is optimistic. It is expected that the market will grow by 25-30 % in 2010 and reach RUB 450-500 bln.