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BC Moldindconbank S.A. - The most active Issuing Bank in Moldova under the Trade Facilitation Programme (TFP, the EBRD)

23.05.2014

On May 16, 2014, during the Annual Meeting of the European Bank for Reconstruction and Development (EBRD), which took place in the city of Warsaw (Poland), Moldindconbank was awarded "The Most Active Issuing Bank in Moldova in 2013 under The Trade Facilitation Programme". The event was attended by representatives of the EBRD, famous personalities from the banking environment and entrepreneurs who have carried discussions specifically focused on developments and prospects of trade facilitation.

Talking about the obtained award Svetlana Banari, The Chairman of the Managing Board of BC Moldindconbank S.A., said: "We are honored, because this award represents the highly appreciated efforts, and furthermore the successfully opportunities offered to Moldindconbank from the cooperation with the EBRD in the framework of this programme as well. Owning to the consolidation of our partnership with an institution so important as the EBRD, Moldindconbank managed to become in recent years one of the leading supporters of the Moldovan economy through trade financing. "

Launched in 1999, the EBRD’s Trade Facilitation Programme is aimed to stimulate foreign trade relations with the Central and Eastern Europe countries, the Mediterranean region south-east and CIS countries. The program provides the opportunity to offer loans and issue bank guarantees for export-import transactions carried out by companies from the participating countries. At the end of 2013, 105 issuing banks in 22 countries and over 800 confirming banks throughout the world were part of the program.

Note that BC “Moldindconbank “ S. A. is in cooperation with EBRD under this program since 2001, during which it was recognized several times (in 2003 and 2004), as the most active bank in Moldova.

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