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in early June 2006, Bank ZENIT borrowed a syndicated loan of $135 million from 27 foreign banks representing over 10 countries. In detail…
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Financial Institutions |
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Bank ZENIT emphasizes the development of business relations with the financial-credit institutes, paying attention to the establishment of partner relationships with its counteragents.
Having up-to-date communication means available and using the progressive bank technologies, we offer competitive quotation and service of high quality. The wide range of counteragents of the Bank and our good standing, which we treasure, proves this. The main trends of joint activity, within framework of which we offer cooperation are:
Correspondent relations √ we provide high-technology services on clearing in Russian Rubles and foreign currency. Efficiency in documents exchange, prolonged operation day, ability to work in overdraft, friendly commissions and personal manager √ these are the basic features which Bank ZENIT is remarkable for at this market;
The services by investment department;
Transactions at the interbank and forex markets;
Documentary transactions and trade financing.
One of the leading trends of the Bank activity is the support to the business of the clients and bank-partners at regional and international markets. Bank ZENIT places high emphasis on cooperation with credit organizations of CIS and Baltic region, participating in formation of trade and money flows of its clients, offering instruments for trade financing, adopted in the international accounts. At this market we offer:
Fore-export financing;
Discounting of letters of credit;
Documentary letters of credit in Rubles and foreign currency with postponement of payments and without one;
Different kinds of guarantees, including those in favour of Customs of the Russian Federation;
Plastic business;
Transactions with promissory notes of Bank ZENIT.
Developing the international net of NOSTRO accounts, we follow the principle «reasonable adequacy», which is necessary to provide the service of high quality to the clients and correspondents. Bank ZENIT takes an active part in cooperation with more than 30 largest international institutes of Europe, America, Asia and uses such forms of accounts as transfers, documentary letters of credit, guarantees, cheques, collection. Taking into account the requirements of out clients, the Bank extends its cooperation with the banks in China, the Middle and the Near East.
Bank ZENIT is the equal rights member of payments systems MasterCard International and Visa International. Bank carries out the active emission of all the scope of bank cards (electronic and standard), and also expands its activity relating to the service to card holders in the commercial organizations net. Timeliness, accuracy in accounts and service of high quality are provided with the up-to-date software and highly qualified specialists.
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Standard Settlement Instructions of Bank ZENIT
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