AK BARS Bank developing trade finance with the Eurasian Economic Union members banks

AK BARS Bank provided loan to Belarusbank under its client’s import contract with Russian exporter.

Financing in the amount of USD 15 mln. was granted for one year. By attracting the financing Belarusbank provides funds to its customer for purchasing the Russian-manufactured equipment.

AK BARS Bank continues to develop cooperation with financial institutions of EEU members strengthening trade relations between participants of international business activity and fostering integration within the union states.

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On 10 July, 2018 Moody’s Investors Service upgraded to b3 from caa1 the Baseline Credit Assessment (BCA) of Ak Bars Bank.
Agency evaluated the Bank’s key indicators: assets, equity, borrowed funds, individual bank deposits, loan portfolio, additionally, assets and equity growth rates, individual and corporate loans.