Financial Market Products
It is our policy to work closely with our clients rather than just sell them products. We welcome the opportunity to analyze our corporate customers' treasury needs and propose hedging solutions for their exposures in currency. We aim to provide the most appropriate solution in accordance with the client's hedging/investment guidelines.
Main products:
Contact information:
| Corporate sales desk |
+7 495 228 69 61 |
Artem Repsha
Head of Corporate sales desk |
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Dmitry Bolshov
Deputy Head of corporate sales desk |
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Andrey Galkin
Corporate sales manager |
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Daria Dankovtseva
Corporate sales manager |
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Short term deposits
Placing free funds into Bank’s short term deposits is a reliable and effective source of your company’s additional income. Absolut Bank attracts customer’s funds in RUR, USD and EUR. Placing funds on deposits gives you an opportunity to manage your short term liquidity professionally, i.e. your temporarily free funds bring an additional income every day.
Absolut Bank offers the most convenient and flexible terms:
- fund placement at Inter-bank deposits rates together with Money Market participants;
- service is available for all the customers, not only for the Bank regular customers;
- direct contact with the Bank, consulting on market matters and making deals in real time by phone;
- term of deposit – up to 30 days;
- roll over facility;
- minimum short-term deposit amount in Absolut Bank is RUB 25 mln. or an equal amount in other currencies.
Necessary conditions:
- to sign a General Agreement;
- opening a deposit account;
- availability of the Internet-bank system (installed free of charge).
FOREX operations
Absolut Bank provides FOREX (FX) operations at a market rate in real time mode. Being an active participant of an International and Russian FX markets, the Bank offers beneficial co-operation in buying/selling non-cash currency, (including fully convertible and partially convertible currency) for RUR or other foreign currencies.
Absolut Bank offers the most convenient and flexible terms:
- FX operations at market rates together with principal market players;
- service is available for all the customers, not only for the Bank regular customers;
- direct contact with the Bank, consulting on market matters and making deals in real time mode by phone;
- no limit on the lot amount;
- facility of FX deals with prepayment as well as using the limit set by the Bank.
Necessary conditions:
availability of the Internet-bank system (installed free of charge).
Forward operations
Absolut Bank is an active participant of the International and Russian forward markets, offering its clients deliverable forward contracts.
Forward operations provide an opportunity to fix the exchange rate of one currency versus another currency for a set future date.
Forward operations:
- neutralize currency risks;
- minimize possible customer’s losses;
- increase assurance of future cash flows for efficient budgeting.
Application area:
- hedging foreign currency loan risk;
- buying/selling foreign currency for RUR to pay for imported/exported goods and services in the future;
- hedging foreign currency risks on letters of credit with post-financing;
- hedging foreign currency risks on funds raised through syndication, Eurobond issuing.
Operations can be realized in three pairs of principal currencies:
Absolut Bank offers the most convenient and flexible terms:
- forward contracts from 4 to 365 days;
- no pledge or collateral;
- individual strategies;
- facility to neutralize hedging through concluding a reverse forward deal.
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