OREANDA-NEWS. July 20, 2010. The next stage of international business development in Investtradebank was the arrangement of pre-export financing in the amount of EUR 2,5 mln for JSC “Foton” , client of Penza branch, for garden furniture production and its export to Germany, reported the press-centre of Investtradebank.

The deal was implemented within the framework of longstanding and productive cooperation with Commerzbank AG, Germany. This confirms the recovery of international interbank credit markets in the post-crisis period and confidence strengthening of major international financial institutions to Investtradebank.

The main condition of pre-export financing is the availability of export contract with Russian companies.