SB Bank and Landesbank Berlin AG have concluded Cooperation Agreement

SB Bank has entered into a Basic Agreement with Landesbank Berlin AG providing for a medium and long-term financing the export of equipment from Germany and other European countries against the guarantee of German credit insurance agency Euler HERMES or other ECAs. This agreement lays basis for an efficient mechanism of financing and guaranteeing foreign trade deals to the benefit of Russian and German enterprises and allows Russian importers – corporate customers of SB Bank to get access to international financial credit instruments.

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