International and Interbank Operations Division of PIVDENNYI Bank invites other Banks and financial institutions for cooperation

Organization of pre-export and post-import finance

• refinancing of letters of credit with payment against documents presentation
• discounting of letters of credit with deferred payment
• related interbank loan
• guarantee of loan repayment
• issue of own bills of the Bank
• aval of Bank customers’ bills
• forfeiting (foreign-trade operations finance by means of bills’ discounting) etc.

Organization of import contracts’ finance by means of loans and guaranties of foreign export insurance agencies EXIMBANK (USA), HERMES (Germany), SACE (Italy), COFACE (France), SID (Slovenia), EGAP (Czech Republic), KUKE (Poland) and other agencies of USA, Europe and Asia.

Rendering of finance by means of different international financial institutions
Taking into consideration the high cost of resources in Ukraine, PIVDENNYI Bank offers the following sources of finance for trade activity performance:

• foreign commercial banks
• international financial institutions
• Export Insurance Agencies

Export Finance
Organization of export finance for the term up to 1 year with loan repayment from export income:

• Loan repayment guarantee. Issue of loan repayment guarantee by the Bank on customer’s order upon rendering to the customer by a foreign bank of the loan for the definite deal.
• Related interbank loan with regress to final Borrower. Rendering by foreign bank of target financial resources to PIVDENNYI Bank for customer crediting under specific operation with possibility of regress to the customer.

Import finance
Organization of import finance with term up to 1 year with loan repayment from main business income:

• Import letter of credit refinancing. Confirmation by first-class foreign bank of letter of credit with payment against documents and its further sale in the market
• Import letter of credit discounting. Confirmation by first-class foreign bank of letter of credit with deferred payment and its further sale in the market
• Aval of customer’s bill of exchange in foreign currency. Issue by the customer of promissory note under import operation, aval by the Bank and sale in the market
• Forfeiting. Discounting by the bank of bills written out on the customer, accepted by the customer and avaled by PIVDENNYI Bank