Ukrsotsbank Provided International Factoring Services for EUR 20 mln
OREANDA-NEWS. January 22, 2007. Ukrsotsbank Provided international factoring services for the implementation of more than 400 export and import shipments during 2007, reported the press-centre of Ukrsotsbank.
Ukrsotsbank actively develops international factoring. Taking into account peculiarity of this direction, it should be noted that services for export and import operations are provided to solely persistent, solvent and active clients with a good reputation. Thus, out of 170 projects that were considered at the year of 2007, the bank has taken to work only 11.
In 2007 Ukrsotsbank provided international factoring services for the amount of more than EUR 20 million.
Ukrsotsbank has been granted the right to receive full membership in the International Factoring Association (FCI) due to dynamic activity and the positive international rating as a professional player in the market of international factoring received in 2007. “This will allow the bank to get not only equal rights with other highly skilled foreign operators of international factoring but also to take part in adapting world standards of international factoring (technologies, regulations, and so forth) to the demands of the Ukrainian market,” — Tykhovska Natalia told. In her view, it is very important at a time of dynamic technological development of Ukraine in the sphere of financial services.
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