Oschadbank achieved a significant increase in the volume of trade finance transactions for large corporate clients under the EBRD's Trade Facilitation Program (TFP) during the year. This was made possible, among other things, by the largest trade finance transaction of the year, implemented in late June jointly with the EBRD and the Swiss bank BCP.

Oschad provided structured trade finance in the amount of USD 15 million for a period of 3 years to one of its large corporate clients. For the entire amount of the open limit, 3 letters of credit with post-import financing were issued.

"Trade finance is one of the focus products that Oschad offers to large corporate clients focused on export-import operations. Since the beginning of 2024, our trade finance portfolio has already increased by more than 1.6 times", said Yurii Katsion, Deputy Chairman of the Management Board of Oschadbank in charge of corporate business.

The signed agreement is one of the examples of deepening cooperation with the European Bank for Reconstruction and Development aimed at supporting the country's economic potential. From June 2023 to June 2024, the volume of trade finance transactions for large corporate clients carried out by Oschad under the EBRD Trade Facilitation Program (TFP) increased almost fourfold.