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VTB signs Belarusbank trade deal

05 February 2010

Intesa Sanpaolo and VTB Capital have signed a trade-realted loan to Belarusbank.

Read more: [Belarusbank trade finance] [ Intesa Sanpaolo and VTB Capital Belarus export finance] [Atlantic Forfaitierungs]

Intesa Sanpaolo and VTB Capital have signed a $60 million trade loan to Belarusbank which will...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010