TransKapitalBank granted a loan to JSC “Promsintez” under the cover of EXIAR’s insurance (Russian Agency for Insurance of Export Credits and Investments)
The attracted funds in the amount of RUB 15 million are planned to be directed into implementation of foreign trade contracts for the supply of components for the mining industry of Kazakhstan. During 2016-201 the total amount of financing provided by TransKapitalBank is exceeding RUB 50 million.
The risk of non-payment from international buyers to the Russian exporters due to implementation of political or entrepreneurial risks is insured in EXIAR within the framework of the product - “Loan to the supplier under short-term pledge of receivables is insured by EXIAR”
TKB provides a wide range of products of pre-export and post-export financing, supporting the supply of high-tech goods and services under the EXIAR’s insurance to all countries of the world. The Bank also is actively developing “Bank for Banks” platform for financial institutions EEU and CIS. The program provides for complex approach in implementation of the product line, which includes settlements, treasury operations, syndicated loans, trade finance and, financing of Russian export under EXIAR’s insurance.