International cooperation of JSC Belagroprombank – optimization and development.

The results of JSC Belagroprombank in the first half of 2011 show the total of USD 483,39 mln being attracted from foreign financial institutions. On the path of documentary business during the same period JSC Belagroprombank realized 256 documentary operations for the total amount of around USD 569,01 mln.

The international block of JSC Belagroprmbank established new ties and cooperation with a range of foreign banks from Skandinavia and the Baltics, Poland, Slovakia, Czech Republic and Russia.

We have optimized the network of correspondent banks, set and extended correspondent relations with ZAO AKB Novikombank (Russia) and Commerzbank AG (Germany). Furthermore, we signed a number of significant trade finance agreements with the banks from France, Germany and Poland.

JSC Belagroprombank continues the stable development of its business relations with foreign financial institutions and makes reasonable use of various financial instruments in order to provide financial support to export-import transactions of its customers.