For Financial institutions

Cooperation with financial institutions is an important and high potential business area for FCRB. The bank has an extensive network of correspondent accounts, which makes it possible to effect settlements in various currencies on a prompt and quality basis. The bank has correspondent relationships with financial institutions from Russia, the US, Germany, Austria, Czech Republic, Slovakia, Switzerland, Italy, Norway and Belarus.

FCRB is offering the following services in this area:

• Correspondent relationships
• Treasury operations

FCRB is offering its clients a unique opportunity to effect international transfers in Czech korunas.

• The Bank has established direct correspondent relations with Czech banks
• The Bank is capable of receiving and transferring Czech korunas directly without the need to convert money into hard currencies
• Client orders can be carried out by the Bank with despatch – on a “value today” and “value tomorrow” basis.

FCRB is paying special attention to the development of relationships with international financial institutions. Financing of long-term and medium-term client projects using capital raised in the international capital markets is a priority business line of the Bank. FCRB is cooperating with export agencies in the Czech Republic (EGAP), Italy (SACE), Canada (EDC) and Slovakia (EXIMBANKA SR) which makes it possible to make medium-term and long-term export finance deals using insurance coverage of the above corporations.

FCRB’s robust standing in the inter-bank market contributes to establishing stable and mutually beneficial partnerships with the largest and most reliable banks of the country.

To minimize risks of operations in financial markets, FCRB imposes the strictest requirements on selection of its counteragent banks.