COMMERCIAL BANKING

Letters of credit, commercial or stand-by...

All kinds of letters of credit, for trade finance and any other financial purpose can be obtained and established on the basis of minimum collateral backed by the underlying transaction with very attractive low margins and fees. These instruments are of multiple use, by emphasizing to facilitate any kind of commercial or financial operation as a need in today' s complex international markets.

Payment and performance guarantees...

Both of these instruments are in the same framework as explained, except as the maturity is concerned and their utilization spectrum relates to international acquisitions, tenders and institutionalized trading situation. Again the underlying transaction and involved parties are of primary concern, regarding the collateralization of the deal.