03.05.2017

Bank “Saint Petersburg” and AKA bank signed the updated agreement

PJSC "Bank "Saint Petersburg" and AKA Ausfuhrkredit-Geselshaft entered into the updated basic agreement for financing of import contracts of the bank’s clients.

The  agreement provides for long-term financing by means of tied buyer's loan covered by Euler Hermes  and other European export credit agencies.

AKA Ausfuhrkredit-Gesellschaft mbH is a consortium of German banks  established in  1952. 18 first-rate financial institutions of Germany are its shareholders. AKA Ausfuhrkredit-Gesellschaft mbH is a credit institution  ensuring development of international trade by optimization of export contracts' financing.

Tags: IR News