Services to corporate customers
For the last 11 years we managed to organize a prime approach towards corporate customer service. The elaborated strategy of bank officer specialization development shows considerable results every day that is an other confirmation of its true choice.
Whatever specialization You have – we have a financier specializing in Your sector.
We offer not only a service of personal management, so popular in European countries, but a whole system of approach to corporate customers’ service based on experience of our experts which are specialists in your branch of economy.
Our officers render services to enterprises from the point of view of economic sector that allows to study all minutest details of the business in each sector and elaborate a number of ways of financial process optimization. And these are not mere words but Your real income!
Our officers have been working for a long time in the financial sector and their professionalism will be acknowledged by our customers – the largest enterprises in the sector, representatives of medium and small business.
Furthermore, our system of customer relationship, implementation of the lending and tariff policy, rendering to corporate customer of up-to-date high quality banking services, as well as rendering to customers of exclusive services on interaction with other bank customers, allow to render the most effective support to our customers’ business.
Timeliness, reliability and quality!
• establishing and keeping current account in national and foreign currencies for companies-residents
• establishing and keeping current account in national and foreign currencies for non-residents
• internal and international money transfers
• rendering information to customers on their accounts’ transactions via e-mail and GSM telephones
• cash operations (cash receipt and cash payment, bank notes re-counting and authentication, cheques collection)
• cash collection
• cash receipt during non operational time
• system of remote accounts’ management Client-Bank via up-to-date telecommunication system and Internet
Deposit operations
• in national and foreign currencies
• overnight deposits in national and foreign currencies
Deposit terms:
• deposits in national currencies from 2 months and for any term
• deposits in USD and other hard currencies from 2 months and for any term
Lending Operations
Trade operations finance
The complex service of foreign-economic activity, including international settlement of any complexity in all forms accepted in the international practice – is an other type of services where PIVDENNYI Bank is unrivalled in the South Ukraine.
Import Finance
• issuance of documentary letters of credit in favour of foreign suppliers without customers’ cash collateral
• issuance of bank guarantees and stand-by letters of credit
• post-import finance enabling the customer to make a final settlement for goods delivered within a specific period of time as from the moment of delivery
Export finance
• rendering advance finance for manufacturing of the future export production, with the guarantee of a first-class bank provided by the partner under the contract, which guarantees receipt of export proceeds by the Client
• post-export finance- the provision by the bank of financial means to the exporter immediately after the shipment of production for export, backed by the instrument being either a guarantee or security for the receipt of export proceeds by the Customer
Letters of credit and guarantees
Documentary letters of credit – written commitment of a bank on the instructions of the applicant
and in favour of seller to pay a specific amount provided the beneficiary submits documents in conformity with the documentary credit and within the prescribed deadlines
• issuance
• advising
• confirmation
• negotiation/discount
Bank guarantees
• payment guarantee
• performance guarantee
• advance payment guarantee
• counter-guarantee – cross commitment of bank applicant, provided to another bank for covering the risks which the bank takes by issuance a documentary liability
• tender guarantee is issued in favour of tender organizator and ensures the commitment of tender participant to sign the contract on the terms specified in tender in case of victory
• special guarantees are provided in non-standard situations to a limited number of applicants. Special guarantees are also infrequent guarantees such as bill of lading guarantee, customs guarantee, contractual guarantee, subguarantee.
Project finance
Target finance of the Borrower under the project with the right of bank’s recourse. The security of project liabilities are usually cash flows generated by the project, as well as the assets related to the project. Project finance can be also determined as mobilization of sources of finance and complex use of different forms of finance with optimal distribution of risks connected with the project.
We perform project finance in the following forms:
1. Borrowing finance
• investment lending (co-financing by the borrower at least 20%);
• financial leasing;
• purchase of debt securities (bonds, promissory notes).
2. Financing by shares:
• investments in capital (purchase of corporate rights).
3. Agent services of financing:
• making out project documentation (risks analysis, Technical and Economic basis, business-plan);
• search for investors under the project.
PIVDENNYI Bank renders medium-term and long-term finance for investment projects.
Lending for assets increase
We are absolute leader in the South Ukraine as for credit portfolio volume and we are always glad to render to our customers a reliable credit support!
We render all forms of lending and loan repayment, necessary to the customers:
• overdraft – loan without pledge, within limits, calculated on the basis of the data of account receipt, for the purpose of payment gaps’ finance in the course of current activity of the Customer
• credit lines – targeted use loans for commercial deals of legal entities with partial withdrawals during the period specified in the agreement
• term loan –targeted use loans for commercial deals
• aval loan – a short-term loan provided by the Bank by means of aval of a bill issued by the Client
• loans on bills domicile at the expense of the loan
• factoring –a sort-term trade and fee based operation, when the Bank buys out the unpaid payment orders of the Customer for goods delivered, works completed and services rendered. The Bank purchases short-term receivables and thus guarantees sales. The factoring includes the collection of the Customer’s receivables, loan provision and indemnity for loan and currency risks
• forfeiting – a short or medium-term trade and fee based operation during export in combination with loan provision to support Customer’s circulating capital. The Bank purchases the receivables of the Customer-exporter provided that the receivables are backed by either guarantees or sureties, issued by first class banks
• leasing loans – finance of the Customer by means of providing him fixed assets on long-term leasing conditions with (or without) the right of redemption.
Lending to small and medium business
Small business is the basis for large economy! We place a high emphasis on small business and render the loans for small and medium business in the form of:
• Term loan
• Credit line
• Documentary instruments (letters of credit, guarantees)
Currency exchange operations
We render sale and purchase of foreign currencies in interbank markets for our customers – only by the most advantageous exchange rate!
Operations with promissory notes
• Aval – the Bank’s aval of promissory notes is a reliable guarantee for settling a bill in case of impossibility of timely payment of bills
• Collection of promissory notes – the Bank undertakes responsibility to present the promissory notes for payment to the promisor on behalf of the customer; in case of refusal to pay or dishonor, the bank protests the promissory notes at the notary
• Discount of promissory notes – the Bank purchases from the customer promissory notes owned by him, using its own funds
• Domicile of promissory notes – the Bank undertakes to ensure the timely payment of bill
• Introduction of standard and non-standard schemes on promissory notes
Cash and settlement services
We emphasize our customers’ needs and constantly enhance and improve the range of our services and provide their high-quality rendering.
Operations in the system of remote access
The system “E-Banking? which includes Internet-Banking, SMS-Banking and Telebanking, is equipped with the most up-to-date protection systems and allows, in any place and at any time, to take control over funds and balances on your accounts.
GSM-online – allows to obtain information on payment card account.
Operations with securities and investment business
Brokerage services on securities market
• Purchase/sale of securities
• Consulting
• Analytical information on securities
Operations with Bonds of Internal State Debt for repayment of the budget overdue debt on value additional tax
• opening and keeping securities’ accounts for accounting of Bonds of Internal State Debt
• purchase/sale of Bonds of Internal State Debt
Bank’s services as underwriter of corporate bonds’ issuance
Operations with promissory notes:
• purchase/sale of promissory notes
• aval
• domicile
• collection
Services of securities’ depositary
• opening and keeping accounts in securities
• credit (debit), replacement of securities on the accounts on accounts of securities’ depositors
• rendering statements of accounts to securities’ owners
Consulting bank’s products
• taxation consulting
• drawing of investment project’s business-plans with the view of project finance
• consulting concerning compliance with antimonopoly law’s standards
Security
