OREANDA-NEWS. July 20, 2010. During the first half of 2010 OJSC Investtradebank has financed more than 100 international contracts for the total amount of USD 40 mln ( that is 4 times greater in comparison with the same period in 2009) in cooperation with the major European financial institutions such as Commerzbank AG, Intesa Sanpaolo SPA, Banque de Commerce et de Placements, Monte dei Paschi di Siena, Raiffeisen Zentralbank Osterreich AG, VTB Deutschland, UBI Banca and etc., reported the press-centre of Investtradebank.

Investradebank actively developed cooperation with the CIS banks. It should be mentioned that 30% of the financing amount has been provided to partner banks from the Republic of Belarus, Tajikistan, Ukraine and promotes further strengthening of common trade and economic space of the CIS.

With the Bank’s financial assistance Russian businessmen have imported electronic components of HTC Corporation, world famous manufacturer from Taiwan, wallpapers from Italy and Germany of companies Zambaiti Parati SPA, Sirpi SPA and AS Creation Tapeten AG , toys from Hong Kong, sportswear from the UK and Italy of Speedo and Champion, the honey from Ukraine, cosmetics from Japan, took part in international tenders and ensured its trade turnover.

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.