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1 november 2005
JSC Ukreximbank joined the International Factors Group
The Board of the International Factors Group (the IFG) has assessed the application by the JSC Ukreximbank and approved it during the meeting held on 16 October 2005.
Such approval is only granted if the applicant meets the IFG requirements of being a well-reputed, financially strong provider of factoring and/or related services, with an adequate capital base.
On 01 November 2005 the JSC Ukreximbank has obtained the partnership status of the IFG.
The IFG, based in Belgium, is a unique organisation established in 1963 to facilitate international factoring through the Two Factor system. Has about 70 members in 47 countries. The only international factoring organisation able to help its members conduct international business using both the Two-Factor system and Direct Export Factoring
www.ifgroup.com
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