At the same time, between JSCB ASIA Alliance Bank and the Leading Banking Group of Georgia, Bank of Georgia, an Agreement of Intent on the planned cooperation was signed. This Agreement will stimulate the development of business relations in such banking sectors as treasury operations and the development of the international transaction business. It will also allow JSCB ASIA Alliance Bank to adopt experience and practical skills in the field of trade finance instruments and capital markets. It should be noted that as part of a developing partnership, on May 2, 2023 an agreement was signed on maintaining a correspondent account which provides foreign investors with access to the securities market issued by state institutions and private companies.
For the full fulfillment of its obligations to customers, as well as for the uninterrupted development of project financing, the Bank pays great attention to expanding opportunities to raise funds. So, in this regard, as part of the forum, a Basic Loan Agreement was signed on long-term financing with the French-German financial group "ODDO BHF" in the amount of 25 million Euros with the support of the leading export credit agencies (ECA) of the European Union. This agreement will provide the bank’s customers the opportunity to receive long-term financing for the purchase of high-tech equipment manufactured by leading EU companies, thereby supporting small and medium-sized businesses in our country.
- Author: не указано
- Source: Press Centre JSCB «ASIA ALLIANCE BANK»
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