04.03.2011 13:40
YEREVAN, March 4, /ARKA/. Bank VTB (Armenia) said in a press release it had provided trade financing for supply of goods for children of the world famous MotherCare brand.
The Russian-owned bank said it offers a wide spectrum of banking services for the purpose of integrated servicing of foreign trade operations of its clients through guarantee operations and international settlements in the form of documentary credits.
Thus, in 2011 February at the order of its client Prime League Market Bank VTB Bank (Armenia) issued a banking payment guarantee in favor of MotherCare UK Ltd. – the supplier of high quality goods for children and pregnant women. The bank guarantee was issued for the purpose of securing a new supply of the British company’s goods
Categories: Banks @en, General news, News, News of the hour | Comments Off on Bank VTB (Armenia) provides trade financing for imports of MotherCare goods to Armenia
Tags:
Read more
