Trade finance

Being a part of a big international banking group Piraeus Group offers to its corporate clients the documentary operations as an alternative to direct funding. These transactions will reduce the financial burden of the company, compared to the cost of credit, as well as strengthen relationships with partners both within Ukraine and abroad.

• Pre-export financing
Financing of raw materials/goods purchase for further manufacturing of finished goods and/or goods export / financing of operating expenditures of producers whose goods are subject for further export.

• Post-export financing
Financing provided against the pledge of property rights over export contracts (in exchange for documents confirming shipment of goods) for a short period of time between delivery of the goods and obtaining payment from the buyer.

• Import financing
Financing of goods/raw materials import for their further realization on internal market of Ukraine as well as for maintenance of current production activity of the companies.

• Documentary instruments
Documentary Letters of Credit, all types of guarantees and Stand-by Letters of Credit, issued by Bank by order of companies in favor of residents and non-residents of Ukraine.

Piraeus Bank issues the following types of guarantees:
• Payment guarantees;
• Advance payment guarantees;
• Performance bonds;
• Tender guarantees;
• Credit repayment guarantees;
• Other guarantees.

For more information about the possibilities of these types of financing, please, contact our dedicated specialists