UniCredit Bank and UniCredit Leasing, leaders in financing of small and medium-sized enterprises as well as large corporates in the Czech market, are to introduce their services at the upcoming International Engineering Fair in Brno. The presentation will focus on corporate financing, export financing and leasing services. Visit UniCredit Bank and UniCredit Leasing at the International Engineering Fair in Brno at booth 18 in the Z pavilion.
The Czech economy is increasingly exploiting export opportunities. It is proved not only by the successful stories of domestic enterprises in foreign markets but also by the increasing share of export and cross-border trade in the Czech GDP. Machines, devices or vehicles – engineering sectors in which the Czech Republic excels in the long run – form an essential part of export.
"As a strong partner with international background, we are helping Czech and Slovak enterprises push their quality products and services through in a highly competitive global market. Compared to the end of 2014, the volume of our export financing for the first eight months of this year increased by 89%," Jiří Kunert, Chairman of the Board and CEO of UniCredit Bank Czech Republic and Slovakia, says.
UniCredit Bank is a traditional supporter of Czech enterprises in investments in the new and existing export markets all over the world. In Latin America, it helps exploit the immense potential in particular in the energy and mining industry, together with environmental protection technologies. It finances also investments into Southeast Asia and Africa. Recently, using an appropriate combination of banking products, the bank has helped complete, for instance, a half-billion project of building a brewery in Ethiopia; it finances the export of technologies and services to Egypt and an infrastructural project to Azerbaijan. With the support of Export and Guarantee Insurance Corporation EGAP, the bank mediated also a unique investment into Laos, amounting to CZK 1.5 billion, with the second stage of this project being negotiated currently. Mainly owing to the cooperation with its affiliate AO UniCredit Moscow, it is one of the few banks that has not stopped financing into Russia, being one of the most active from among the Czech banks in this respect.
The bank's presentation at the booth will be accompanied by UniCredit Leasing, one of the leaders in the non-bank financing market and a part of the UniCredit Bank financial group. At the fair, it will introduce its wide range of support for exporters, among other things, in the form of financing of machines, devices and agricultural machinery, breaking down the myth that leasing is primarily focused on the financing of vehicles, machines or buildings. For UniCredit Leasing is able to finance many of the Czech exporters' needs, offering numerous ways of refinancing the investment projects of each and every client. In recent years, there has been an increasing demand of clients for intermediation of leasing financial products, which provide the required investments with minimum or even zero initial cost.
UniCredit Bank is extensively experienced in export financing. In January 2015, the prestigious financial magazine Euromoney once again acknowledged the quality of its services by granting the highest award in the Best Trade Finance Bank competition to the bank. Being named the Best Project Finance House in 2013, the bank received such award for the second time in a row in the region of Central and Eastern Europe. UniCredit Bank is also the general partner of the DHL Export Award, a prestigious award for small and medium-sized enterprises able to succeed in foreign markets.
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