24 May 2018, Saint Petersburg - Sberbank and the Japan Bank for International Cooperation (JBIC) have signed a framework agreement on Japanese yen-denominated financing at the Saint Petersburg International Economic Forum.

The purpose of the agreement is to provide Sberbank with medium and long-term lending in Japanese yen in order to finance the delivery of equipment and services under contracts signed by the bank's clients and Japanese suppliers. Sberbank and JBIC are actively working on developing a line of trade finance instruments to meet clients' needs.

Attachments

  • Original document
  • Permalink

Disclaimer

Sberbank published this content on 24 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 May 2018 13:42:02 UTC