MTB Bank issued its first export credit with insurance coverage of Export Credit Agency

19.05.2023

1 min

On Thursday, May 18, MTB Bank officially announced that it issued its first export credit of $1 million for the supply of plant-seed mixtures totaling $3 million to Armenia and Kazakhstan under the insurance coverage of the Export Credit Agency (ECA).

According to the ECA’s website, the insurance liability of the state Export Credit Agency to MTB Bank amounts to $800,000.

“Supporting exporters during the war is primarily the implementation of the task of filling the country’s budget, which provides us with resources to achieve victory over the enemy,” said Yuriy Kralov, the Chairman of the Bank’s Board.

MTB Bank has been operating in the financial market of Ukraine for 28 years and has 45 branches in 12 regions of Ukraine.

Congratulations to MTB Bank, and we are proud to have such members in the Association!

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