JSC «CREDITWEST BANK» begins cooperation with BSTDB
11.02.2019
The Black Sea Trade and Development Bank (BSTDB), an International Financial Institution with headquarters in Thessaloniki, Greece, has granted USD 5 million loan to CreditWest Bank.
Financing is provided within Revolving Trade Finance Facility.
Funding under Revolving Trade Finance Facility will enhance support of CreditWest Bank customers’ international business, namely: extending financing to those customers who import goods from BSTDB member countries or export goods to all countries.
Such cooperation will facilitate economic benefits for Ukrainian economy through additional export revenues as well as tax revenue gains from increased economic activity under the financing provided.