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Background

Ensuring the supply of medicines from the Russian Federation to Uzbekistan

  • State
    Uzbekistan, Russia
  • Client
    Trastbank
  • Implementation date
    2020
  • Volume
    USD 1 mln
  • Field of activity
    Pharma
  • IBEC issued a reimbursement undertaking under a letter of credit from PJSB Trustbank in the amount of USD 1 million. Funding is aimed at ensuring the supply of medicines from the Russian Federation to Uzbekistan. The Austrian Raiffeisen Bank International acted as the confirming and financing bank for the transaction.

Project news

Start of partnership with PJSB Trustbank
Start of partnership with PJSB Trustbank
29.12.2020
International Bank for Economic Co-operation continues to expand its partner network in the Asian region. The first deal with PJSB Trustbank from Uzbekistan was completed — IBEC issued a reimbursement undertaking under a letter of credit issued by Trustbank in the amount of USD 1 million.
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