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22 May 2017

Raiffeisen Bank Aval is once again recognized as the most active issuing Bank in Ukraine in the trade facilitation programme, EBRD

Kiev. May 22. — 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) in 2016.

this ceremony the most successful banks-partners of the Bank held on 9 may in Nicosia, Republic of Cyprus.

the award to the representative of Raiffeisen Bank Aval handed Nick Tessman, managing Director, who is responsible for the financial institutions of the EBRD.

In the framework of the overall development strategy of Raiffeisen Bank Aval, 2017 trade financing remains one of the priorities, along with funding for projects to improve energy efficiency. This latest award confirms the recognition of the authority of the Bank in trade Finance.

“increased trade is the key to stability and economic development. The Ukrainian business is very need a reliable partner who will advise on how best to mitigate risks inherent in trading, if necessary, will provide funding that will calculate the economic model of the introduction of energy-efficient equipment in comparison with similar equipment from several manufacturers. With a team of professionals and an extensive network of partner banks, Raiffeisen Bank Aval has the ability to support the activities of its clients with contractors that are in any part of the world. The EBRD award is a confirmation that the Bank brings to life the opportunity»,- said Sergey Kostogryz, head of trade Finance Raiffeisen Bank Aval, the Chairman of the Commission on banking technique and practice and the financial services ICC Ukraine.

Main components of a successful activity of Raiffeisen Bank Aval in the field of trade Finance — individual approach to clients ' needs, focus on establishing long-term and mutually beneficial relations, expertise in trade Finance, documentary credit, guarantee and factoring operations, and the availability of highly qualified specialists, certified International chamber of Commerce.

the trade facilitation Programme the EBRD was founded in 1999. At this time, its members are more than 100 partner banks from 28 countries, staffed investment programs of the EBRD and more than 800 confirming banks worldwide.

Raiffeisen Bank Aval became the first Bank in Ukraine and one of the first in the world, who joined the program in 2001. Since 2003 the Bank has received numerous awards and distinctions EBRD on the results of its activities in the field of trade Finance.