News by tag: Trade finance

IIB’s first Czech trade finance deal with BPS-Sberbank

IIB’s first Czech trade finance deal with BPS-Sberbank

As part of its continuing support for trade finance operations with the Czech Republic, in June 2015 the International Investment Bank issued its first two TF deals by the order of BPS-Sberbank in favour of Československá obchodní banka, a.s., supporting export of industrial cooling by Czech exporters ENERGO CHOCEŇ s.r.o. and POLIMAX Group s.r.o. from the Czech Republic to Belarus. Thus, the IIB continues to develop one of the three…  Read more
IIB’s first trade finance deal with Hungary

IIB’s first trade finance deal with Hungary

As part of the first trade finance deal with Hungary on March 25, 2015, the International Investment Bank supported export of equipment from Hungary to the Russian Federation. The IIB issued an irrevocable reimbursement undertaking by the order of JSC «NBD-Bank» in favour of K&H Bank ZRT (Hungary). In the beginning of March 2015, the IIB issued its first trade finance deal by the order of JSC «JSSB Belarusbank» in favour of Československá obchodní banka, a.s., supporting export from the Czech…  Read more