OREANDA-NEWS. April 22, 2011. “Inecobank” has been awarded by German “Commerzbank” for excellent cooperation in the sphere of trade finance in 2010. “Commerzbank” has been cooperating with “Inecobank” for already 15 years. Cooperation in the sphere of trade financing was initiated in 2010, within the framework of which “Inecobank” offers its clients letters of credit and bank guarantees approved by “Commerzbank”, reported the press-centre of Commerzbank.

For legal entities letters of credit and guarantees are an affordable and convenient means of international trade, and are provided for import or export of goods, provision of prepayment and fulfillment of the agreement. 

In the sphere of trade financing services “Inecobank” has an effective and full range of tools. The bank actively cooperates with EBRD, IFC, Atlantic Fortfaitierungs AG and OFID.