Trade and export finance

Special proposal for foreign suppliers and their dealers wishing to increase their sales in Russia for account of RosEvroBank (pdf)

Established in May 2003, International Business Development Department of RosEvroBank has achieved significant goals and attained international recognition from the part of international financial institutions and Export Credit Agencies.

In the field of trade finance and documentary operations RosEvroBank currently co-operates with more than 50 foreign banks. Establishment of trade finance limits by foreign banks allows RosEvroBank to broaden the services rendered to its corporate clientele and to support import transactions with unsecured letters of credit and guarantees. RosEvroBank is one of the leading medium-sized Russian banks in terms of providing trade finance.

The total volume of credit limits for documentary operations from foreign financial institutions has now reached approximately USD 320 mln. Among others, RosEvroBank co-operates in the field of trade finance with Deutsche Bank, Commerzbank, Landesbank Berlin AG, Landesbank Baden-Wuerttemberg AG, AKA Ausfuhrkredit GmbH, BHF-Bank Frankfurt, Oberbank, Raiffeisen Landesbank Niederoesterreich AG, Erste Bank, RZB, Bank Austria Creditanstalt (member of UniCredit Group), Credit Industriel et Commercial, BRED Banque Populaire, UBS, Credit Suisse, Zurcher Kantonal Bank, Banque Cantonale de Geneve, BBVA, UniCredito, Banca Popolare di Vicenza, Banca Popolare di Sondrio, Banca Popolade dell’Emilia Romagna, Banca Monte dei Paschi di Siena, Scandinaviska Enskilda Banken, Svenska Handelsbanken, Danske Bank, KBC Bank, ING, Nordea Bank, JPMorgan Chase Bank, National City Bank (now part of PNC Group), Bank of Montreal, Banco Bradesco, Banco do Brasil, BANIF, Agricultural Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Bank of China, State Bank of India, Commercial Bank of India, Woori Bank, Korea Exchange Bank, Sumitomo Mitsui Banking Corporation, Royal Bank of Scotland plc, Standard Bank Plc, Citibank, Mashreq Bank, Emirates NBD Bank, National Bank of Bahrain, Commercial Bank of Kuwait and others

Co-operation with a number of export credit agencies enables RosEvroBank to structure medium- and long-term transactions for its customers. As a rule, such transactions comprise the import of different types of equipment and construction works at the location where the equipment is to be installed. The total volume of credit lines for ECA-backed transactions now amounts to USD 60 mln.

RosEvroBank intends to develop its trade finance business in the following directions:

to add to the number of customers with trade finance needs. Potential customers are identified among IT-companies, importers of telecommunication equipment, household appliances, printing and construction equipment.
to obtain increased credit limits from international financial institutions. RosEvroBank plans to attract additional credit limits from South-East Asian and European Financial Institutions in order to be able to offer documentary credit services which entirely meet the demands of its corporate clientele. The Bank also strives to see the validity of limits extended from 12-18 months periods to 18-36 months periods.
to further develop medium- and long-term trade finance products. RosEvroBank intends to sign additional Master Agreements with a number of Export Credit Agencies and thus be in a position to develop the spectrum of its services to customers who import equipment and other capital goods.
to continue negotiations with foreign financial institutions in respect of their possible joining the ranks of shareholders of RosEvroBank. This is one of the strategic goals of the beneficial owners of RosEvroBank: while the Bank still boosts a strong financial position, a growing client base and growing business volume, the shareholders are aware that it will be rather difficult if not impossible to continue to achieve such high dynamics in the future without the support of an international partner.

For more information please contact Head of International Business Development Administration Alexander Arkhipov