Trade Finance

International trade is a dynamic sector requiring from its participants not only prompt and yet deliberate decision-making but also free funds allowing you to benefit from good opportunities.

Expecting payments for delivered goods or purchasing a new consignment may lead to working capital deficiency, which slows down sales processes and prevents your business from expanding or developing.

Our private bankers and commodity trade finance specialists are always ready to explore your specific requirements and provide customized short-term credit solutions to finance your international trading activity.

Our main commodity trade finance team is based in Riga with a special advisor available in Geneva and a network of representative offices located in CIS countries and Hong Kong.

  • Financing of Documentary Operations

    You deserve consistent development of your business. We propose you to finance documentary operations for increasing your working capital.

    Advantages

    • no need to freeze company’s assets for performing a transaction,
    • quick review of application and time-saving procedure of receiving financing,
    • mitigation of risk of non-complying goods’ delivery,
    • use of settlement advantages associated with letters of credit,
    • increasing company’s competitiveness.

    Our offer

    • import letter of credit financing,
    • export letter of credit financing,
    • back-to-back letter of credit,
    • financing of deferred payments under export letter of credit.
  • Documentary Operations

  • Additional Information for Customers

    Use your Internetbank ID and password to access customer information.

  • Financing for commercial vessels

    Our client, who is operating in the field shipping since early 2000s with a stable fleet, planned to buy a new vessel to replace one of those he already has.
    • Due to its operation time and due to unreasonableness of its further use, he planned to sell the vessel for scrap. Sale of old vessel would ensure only 20% of the sum needed for buying the new one. This client turned to us to co-finance purchase of the new vessel offering the vessel to be bought and one of its current vessels as collateral.

    • Given the adequate value of such collateral, ABLV Bank was able to provide financing in the amount of 100% of the cost of new vessel. A few months later, the client sold the old vessel for scrap and used the funds to return a part of the loan prematurely, which enabled him to decrease the remaining debt and make monthly payments more comfortable for his cash flow.

    Antons Marčenko

    Head of Project Financing Department