OREANDA-NEWS. March 15, 2010. Investtradebank continues to support business of its clients and partner banks in international trade finance field, reported the press-centre of Investtradebank.  

In February 2010 Investtradebank realized 14 trade finance deals for the total amount of USD 5,3 mln.

The geography of realized projects is quite wide: Germany, Italy, China, Kyrgyzstan.

Investtradebank also issued 6 LCs ensuring the fulfilment of import contracts for delivery of electronic components from China and Germany, and materials from Italy and Germany for its customers Europe International Holding, Vobis Mobile Electronics, Grand Import and Tradecor Ltd., for the total amount of USD 2,9 mln.

For the partner banks from the Republic of Belarus, Tajikistan and Russia Investtradebank financed 8 LCs totaled USD 2,4 mln within the credit lines of major european financial instituions such as Commerzbank AG (Germany), Intesa Sanpaolo SPA (Italy), and Raiffeisen Zentralbank Osterreich AG (Austria).