IBcontacts, Belarus’s Beleximgarant expand cooperation

 
KYIV, Ukraine - April 19, 2013 - PRLog -- IBcontacts Holding and Belarusian Republican Unitary Enterprise of Export-Import Insurance “Beleximgarant” have signed an agreement on cooperation in the field of information.

This agreement officially authorizes IBcontacts to conduct research on activities of Ukrainian borrowers, assign credit ratings and prepare credit reports for the Belarusian ECA which will be using such reports to make decisions on granting insurance coverage of foreign trade operations between Belarusian exporters and their Ukrainian partners under trade and export financing projects in Belarus.

In 2012 the trade turnover between Ukraine and Belarus reached 7,319.7 million dollars, which is 19% more than in 2011. Exports from Ukraine to Belarus increased by 17% to 2,251.1 million dollars. Ukraine exports to Belarus ferrous metals, engineering products, railway locomotives, petroleum products. Imports from Belarus to Ukraine in 2012 amounted to 5,068.6 million dollars (+20% against the previous year), with petroleum products comprising over 76% of this amount (+32.4% against the previous year).

In March IBcontacts marked the third year anniversary of its business activity. During this period, the company has achieved recognition in Ukraine and on the international scene, contributing to the development of international trade relations and creating a positive image of Ukrainian business abroad by providing objective and quality business information, as well as comprehensive solutions for the entry of regional companies into the international finance market.

IBcontacts holds a unique status of authorized company for conducting credit research and assigning credit ratings to Ukrainian and foreign companies for leading foreign export credit agencies. Today, the company is accredited by over 12 export credit agencies and insurance corporations.

Company background

IBcontacts Holding specializes in the development of international trade relations and combines four business directions, as represented by the respective companies:

• IBcontacts –managing company that provides services to the Group’s clients;

• Credit rating agency IBrating;

• Legal company IBadviser;

• IBproject – company that provides a full range of services on raising trade and export financing;

• IBpromo – agency specializing in strategic communications, financial PR and IR.

IBcontacts maintains business ties with more than 23 insurance and financing organizations in 43 countries, and holds a unique status of authorized company for conducting credit research and assigning credit ratings to companies in Ukraine and CIS countries for 12 foreign export credit agencies, private insurance companies and financial organizations.

IBcontacts Holding is a member of the Association of Executives in Finance, Credit and International Business (FCIB) and Federation of Business Information Service (FEBIS).
End
Source: » Follow
Email:***@ibcontacts.com.ua Email Verified
Tags:Economics, Financing, Insurance
Industry:Banking, Business
Location:Kyiv - Kyiv - Ukraine
Subject:Reports
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
IBcontacts News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share