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Background

Support for supply, installation and service of equipment for Belarusian food industry enterprises

  • State
    Belarus, Poland
  • Client
    Belarusbank
  • Implementation date
    2020
  • Volume
    EUR 15.5 mln
  • Field of activity
    Manufacturing
  • IBEC issued reimbursement obligations under two letters of credit of the Belarusian JSB Belarusbank for a total of EUR 15.5 million. The term is 2 years. The executing and confirming bank for the letters of credit is the German Commerzbank. The letters of credit provide supplies, installation and service by a Polish exporter of industrial equipment for Belarusian food industry enterprises.

Project news

Record Turnover in Trade Finance Transactions
Record Turnover in Trade Finance Transactions
20.01.2020
IBEC has issued reimbursement obligations under two letters of credit of Belarusbank for a total amount of 15.5 million euros. The commitment period is two years. The performing and confirming bank for letters of credit is German Commerzbank, which participates in joint transactions with IBEC on a regular basis.
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