FCS Extended Right of International Industrial Bank
OREANDA-NEWS. December 31, 2009. Federal Customs Service of Russia included International Industrial Bank in Bank’s Register and other credit organizations, having the right to issue bank guarantees payment of customs duties for the period from 01.12.2009 till 01.12.2012.
In correspondence with IIB size of capital adequacy and standards of capital equity, maximum limit (equaled to 700 mln rubles) for the sum of all simultaneously active bank’s guarantees for the adoption of customs duties payment (equaled to 3500 mln rubles) by customs authorities.
International Industrial Bank has been included in Bank’s Register with max limits on issuance of customs guarantees since 1997.
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