Raiffeisen Bank Aval is the most active issuing Bank in Ukraine in the trade facilitation programme, EBRD

Kiev. May 28. — the European Bank for reconstruction and development once again recognized Raiffeisen Bank Aval as the most active issuing Bank in Ukraine in the trade facilitation programme (TFP) by results of work in 2014.

the Awarding ceremony took place in mid-may 2015 in Tbilisi (Georgia) in the framework of the Annual meeting and business forum EBRD. The award to the representative of Raiffeisen Bank Aval handed Mr. Nick Tessman, managing Director, who is responsible for the financial institutions of the EBRD.

in 2014, in the framework of TFP, Raiffeisen Bank Aval has conducted 175 export-import transactions of Bank's customers amounting to about 83 million dollars. USA. The Bank has also supported the local distribution of imported goods by refinancing of the factoring portfolio in the amount of 19,2 million dollars. USA. In the second half of December 2014, the EBRD increased the limit on the Bank to support trade Finance in Ukraine to $ 150 million. USA.

For Raiffeisen Bank Aval trade Finance instruments remain one of the priorities of products which are constantly updated.

the team of trade Finance employs certified International chamber of Commerce professionals, so every client who turns to Bank on at least one of products — guarantees, letters of credit, Aval of promissory notes, factoring — get professional advice, individual approach and flexible terms of cooperation. It is through these components Raiffeisen Bank Aval assists its customers at a high level and gaining recognition from such esteemed international institutions as the EBRD.

the trade facilitation Programme the EBRD was founded in 1999. Raiffeisen Bank Aval became the first Bank in Ukraine and one of the first in the world, who joined the programme in 2001.