Megabank Boosted Trade Finance in 2008
OREANDA-NEWS On 04 March was announced, that thanks to solid financial performance and sound esteem among both local and global financers, Megabank boosted trade finance in 2008. Upon customer's instruction, the Company issued 225 guarantees and counter guarantees for a total of UAH 43 mln, an 8% increase on 2007, and the amount jumped by 67% versus last year.
Trade finance portfolio exceeded an aggregate of UAH 120 mln at year-end.
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