Trade Finance Support Programme
In 2015 for the first time in its history IIB introduced to its clients new trade finance financial services, with a maturity of up to 2 years.
In November 2016 IIB TF product line was expanded through Trade related loans (TRL), enabling IIB to further support small- and medium-sized enterprises across the IIB countries in different sectors of economy.
TFSP aims to support small and medium-sized business as well as financing of socially significant infrastructure projects with beneficiaries in IIB Member States.
Through TFSP IIB provides its Guarantees/SBLCs, Irrevocable Reimbursement Undertakings (IRUs) (up to 2 years) and Trade Related Loans (up to 1 year) covering 100 per cent of the face value of the underlying trade finance instruments to international confirming & financing banks for short-terms operations, taking the political and commercial payment risk of international trade transactions undertaken by the issuing banks.
As part of TFSP IIB provides annual trainings to its partner banks and exchange of experience seminars.
TFSP strengthens the ability of local banks to provide trade financing and through these banks gives entrepreneurs throughout IIB Member states the support for export or import transactions.
Phone: +7 (495) 604-75-94/95