OREANDA-NEWS. November 2, 2011. In early September Novikombank opened an irrevocable standby letter of credit on behalf of Edrem Plast in Russia, for Keter Plastic in Israel, which is one of the largest plastic manufacturers in the world. This has enabled the company to expand its business by increasing its purchasing power and sales. The risks taken by Novikombank to the Seller were confirmed by Commerzbank AG, Germany.

Edrem Plast is the exclusive distributor of Keter Plastic in Russia, and is a reliable partner of Novikombank.

Novikombank offers its clients a full range of international finance instruments to finance import contracts for goods, services, and high-tech equipment.