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Home / Financial Institutions General Information Financial Institutions department is active in three main fields: primary origination and correspondent relationships, forfaiting for bank assets trading in the secondary markets, and financial institutions risk analysis for the establishment of sovereign and bank limits. The department is responsible for developing relations with correspondent banks globally to facilitate our customers’ needs. As such, the department has a thorough understanding of emerging markets and a focused expertise in trade finance and financial institutions products. With growing trade finance volumes, our team further serves customers by providing tailor-made products. In line with their needs, new structured products were innovated and marketed to clients. The department will pursue the creation of added value by means of expert knowledge in financial institutions’ products. It will take full advantage of additional synergies inherent in various countries. Prudent growth in promising markets will be promoted and the department will not only continue to provide the highest-quality services to its correspondents and clients, but also aim to grow into a profit generating business unit. Therefore the focus is on further developing forfaiting activities, both as an originator and purchaser. The aim of the bank is to increase visibility through expansion into new geographical areas, such as former CIS countries, Central Europe, Northern Africa and the Middle East through establishing new country limits. Forfaiting The Economy Bank N.V. is also active in asset trading and forfaiting. The bank is a member of International Forfaiting Association (IFA) since 1999. |
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Contacts For any further inquiry regarding Financial Institutions department please contact us: Mehmet Ilgaz
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