Belgazprombank offers banks, non-banking financial institutions as well as foreign financial institutions services and tailor-made solutions in trade finance and documentary business.List of products offered for financial institutions
- issuance, advising and confirmation of letters of credit (with or without coverage)
- issuance of irrevocable reimbursement undertakings (IRUs)
- issuance and advising of bank guarantees
- post-financing/discounting of documentary letters of credit
- trade related loans
- trade financing under coverage of ECAs and international development banks
- other types of transactions permitted by the applicable legislation upon request
Trade finance is subject to the establishment of net limit or receipt by Belgazprombank of SBLC, IRU, another cover to be issued by the EBRD, IFC, EDB, another acceptable international financial institution or bank. Indicative rates are determined for each project individually, taking into account the counterparty’s financial performance.
The developed network of partners approximating to 250 financial institutions in 30 countries is an important advantage of working with Belgazprombank which can support almost any project on best possible conditions. Belgazprombank is an active participant of trade support programs of the EBRD, EDB, and other major financial institutions of the region. Trade financing from Belgazprombank will allow you to promote business of your clients in countries where you do not have operating limits or correspondent relations.