GPB-factoring was established in 2010 as a 100% subsidiary of Gazprombank, which is one of the largest financial groups in Russia, providing a wide range of banking, financial, investment products and services to corporate and private customers, financial institutions and private investors.
Gazprombank is one of the three largest banks in Russia by all major indicators and ranks third in the list of banks in Central and Eastern Europe in terms of equity.
GPB-factoring offers a full range of factoring services, including recourse and non-recourse factoring, payables finance, supply chain finance etc.
We have a strong position in the oil and gas, steel, construction, telecommunications industries. GPB-factoring currently ranks 4th on the Russian factoring market by funds in use indicator (approx. $ 1,4 bln. as of September 30th 2021).