Dear clients and partners!
The CJSC “FINCA Bank” continues to develop cooperation with international financial structures and, in the view of providing favourable conditions for carrying out external economic activities of its clients, informs on opening correspondent accounts in two currencies (US dollars and euros) in one of the largest banks in the world – LANDESBANK BADEN-WUERTTEMBERG, LBBW (Germany).
We remind that correspondent relationships enable clients to carry out operations abroad. The aspiration of commercial banks to develop such relationships is related to the fact that they are less expensive as compared to other organizational and institutional forms of a bank’s penetration to the foreign market.
The key types of the bank’s activities are trade financing, attracting deposits, maintenance of clients’ accounts, lending and providing guarantees, as well as carrying out operations with securities and foreign currency.
Currently the Landesbank Baden-Wurttemberg is a universal banking institution, which offers a wide range of financial services in corporate and retail business to its clients. The key clients of the LBBW are such large and famous companies as Merсedes-Bеnz, Porsche, BOSCH, Siemens, BOSS, TRUMPF and many others.