OREANDA-NEWS. December 25, 2009. European Bank for Reconstruction and Development increased CBM’s TF credit line by US20mio – from US25mio to US45mio, reported the press-centre of CBM.

Cooperation with EBRD under its Trade Facilitation Program (TFP) began in 2005. During the last four years of our close and effective collaboration the Bank’s export-import deals’ credit line was increased from US15mio to US45mio.

CBM’s TF credit line increase represents the Bank’s high performance rating and is one more successful step in CBM-to-EBRD relationship’s development. "Such limit increase will certainly stimulate the Bank’s competitive market position strengthening on international level, and, in its turn, will determine CBM’s future opportunities for new partner banks and clients’ attraction, as well as for coverage of new regions for foreign trade operations financing" – noted Vladimir Chubar, Deputy Chairman of the Management Board.