Sberbank reports record year for trade finance transactions

Region:

Europe

Mayur Pande

Analyst

Russia’s Sberbank Corporate & Investment Banking (Sberbank CIB) has reported a record number of trade finance and documentary operations (TF&DO) implemented for the calendar year 2013. The bank says TF&DO transactions amounted to approximately RUB1.3 trillion ($43 billion).

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