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Commerzbank highlights trading opportunities in Eastern Europe

Having recently been named as the “most confirming bank” for letters of credit under the European Bank for Reconstruction and Development’s Trade Facilitation Programme for the eighth year in a row (a story that was covered in Trade Finance magazine among others), it’s fair to say that Commerzbank are well placed to discuss trade in Eastern Europe. Per Fischer, Head of Financial Institutions at Commerzbank, writes in gtnews that Eastern Europe offers an interesting trading opportunity on the doorstep of western corporates seeking foreign expansion as a means to counteract sluggish growth in their home markets. Yet he also stresses that partnering with a bank with a strong presence in the region is vital to mitigate the risks that remain prevalent.

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