Support for Russian-Romanian trade – priority for the IIB
The International Investment Bank (IIB) is continuing to grow its loan portfolio in the area of Trade Finance Support Programmes (TFSP). On February 20, 2017, the Bank implemented a pilot deal with the B&N Bank (PJSC) by providing a short-term targeted trade related loan (TRL) for the supply of chemical additives from the Russian Federation to Romania. The volume of loan is EUR 2.25 million, the repayment term - 1 year. Financing bilateral and multilateral projects and foreign trade deals made… Read more