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.