Trading with Russia
We can help you find the appropriate solutions!
Having genuine hands-on experience in financing and intermediating global commerce, Absolut Bank offers integrated risk mitigation, settlement, financing and innovative solutions.
Absolut Bank becomes the leading Russian bank offering the access to trade services technology. Enabling reduced costs and enchased customer service, we aim to ensure that our customers are given a competitive edge in global trade. We do our best to assist them win new business in the global market place as well as iron out the uncertainties of international trade.
Absolut Bank brings financial strength proven experience, professional expertise, carried out by highly qualified staff, and access to the well-established services for the following trade finance facilities:
- Letters of Credit
- Guarantees
- Structured products
We are ready to confirm Letters of Credit and guarantees with your local and first-class foreign banks.
For exporters wide range of solutions for their export enquiries in Russia is offered and speedy financing for their Russian buyers provided.
For importers Absolut Bank offers:
- Short-term financing for consumer-goods transactions
For a period up to 1 year
For amounts USD/EUR 50 000 – 10 000 000
- Medium- and Long-term financing for the purchasing of the equipment
For the period up to 6 years
For amounts USD/EUR 100 000 – 15 000 000
Each transaction is carefully analyzed and by devising plans that cover your export & import contracts and projects we help you minimize your risk exposures and save your money.
If your business needs to make the connection between Russia and the business world, Absolut Bank is prone to become the perfect link.
We have passed through the examination of EBRD and now became the 11th Russian Bank, accepted for the Trade Facilitation Program as the issuing bank.
Absolut Bank has foreign long-term «B-» and short-term «B», sovereign «BB+(rus)» credit ratings provided by the international rating agency Fitch Ratings. The ratings of Absolut Bank reflect its strong profitability, good asset quality and solid capitalization.
Total amount of the foreign trade financing, accomplished by Absolut Bank in the year 2004, exceeds USD 260 million, including ECA covered financing. From the beginning of the year 2004 we have performed more than 600 transactions in this field.
Besides, Absolut Bank successfully develops ECA relationships. HERMES (Germany), SACE (Italy), EX-IM Bank (USA), OeKB (Austria), SINOSURE (China), KUKE (Poland), COFACE (France), FINNVERA (Finland), EGAP (Czech Republic), EDC (Canada) provide us with the insurance for the deals on case-by-case basis.
Absolut Bank looks forward to receiving your enquiries in order to provide you with solutions for import and export structured financing, tailor-made for your particular situation.
Absolut Bank’s International Business Division invites you to call our specialists for your trade-related operations.
Tel.: +7 495 7777 165, Fax: +7 495 7777 160
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