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UniCredit to Introduce Export Financing and Leasing News at the International Engineering Fair

The leaders of the SME and Corporate financing in the Czech market, UniCredit Bank, UniCredit Leasing and UniCredit Factoring, plan to present their services at the International Engineering Fair. The visitors will learn about the news and trends in corporate banking, export financing, leasing and factoring services. The visitors may find the companies in booth 076 in the pavilion Z.

The economic success of the Czech Republic is greatly due to mechanical engineering, production of motor vehicles and transportation machines, and the technological sector in general. The economic boom and the positive economic growth are also perceptible in the Czech export. The rapidly changing geopolitical situation keeps pushing Czech companies to go for a more substantial diversification. However, exporters also discover new opportunities in unusual regions.

“Besides recovery of the Russian demand and the already traditional standing of Azerbaijan, the country featuring one of the greatest exposures when it comes to export financing, we face the growing demand from the South-East Asia, and particularly from Indonesia, Laos and Vietnam. Czech export could find greater space in the African continent in future, but now it continues to lag behind its potential despite gradual growth,” explained Jiří Flégl, Manager of UniCredit Bank’s Structured Export Financing. The improvement of business conditions in Central America is worth mentioning as well. The developing regional integration, strategic location close to sea routes, and particularly the emerging customs union attracts investors from all over the world.

The Bank's presentation at the fair will be accompanied by UniCredit Leasing, one of the leaders in the non-bank financing market and the member of the UniCredit Bank financial group. The company which celebrated the 250th anniversary in the Czech market this year will present the visitors with the offer of products and services in machinery and agricultural technology financing. UniCredit Leasing finances plenty of Czech exporters and offers a whole range of re-financing solutions for investment designs of each and every client. The demand of clients for intermediation of leasing products securing the necessary investments with minimum, or even zero, initial costs has been growing on a long-term basis.

“Machinery and machine technology financing constitutes an important segment and we are successful in making use of all three business channels. We are successful in the direct sale, in synergies with the Bank and, last but not least, in the cooperation with the manufacturers and suppliers of the technology itself. The trend in the machinery sector definitely heads for the financial leasing. It reaches as much as two thirds of all sales in this segment. Thanks to financial leasing, the companies acquire equipment as a certain form of investment with a much longer use value compared to the repayment period of this equipment,” said Jiří Matula, CEO and Chairman of the Board of UniCredit Leasing.

Besides the still more popular financial and operating leasing, UniCredit Leasing will also introduce other products at the fair. From CreditMachinery, a standard purposeful loan to buy machinery, up to the pre-financing of machinery, irregular and deferred instalments, beneficial insurance and the combination with all kinds of subsidy titles.

UniCredit Bank has vast experience in export financing. The quality of its services was recognized by the well-known Euromoney magazine last year again when it won the Best Trade Finance Bank award. Furthermore, UniCredit Bank is also the general partner of the DHL Export Award, a prestigious prize for small and medium enterprises which made it to foreign markets.