EMBank becomes a partner of the European Bank for Reconstruction and Development
EMBank becomes a partner of the European Bank for Reconstruction and Development
VILNIUS, LITHUANIA, December 5, 2025 /EINPresswire.com/ -- The European Merchant Bank (EMBank) has joined the European Bank for Reconstruction and Development's (EBRD) Trade Facilitation Programme as a confirming bank. The programme is designed to ensure safer international settlements between companies from emerging markets, with EMBank acting as a confirming bank for trade finance transactions.
“By becoming a partner of the European Bank for Reconstruction and Development in the field of international trade, we are strengthening EMBank’s position in Lithuania and abroad. This partnership allows us to provide safer and more flexible financing terms for Lithuanian exporters and importers trading with countries where the EBRD operates, while contributing to the growth of the country’s exports,” says EMBank CEO Sarp Demiray.
More opportunities for businesses
Through the Trade facilitation programme, the EBRD provides guarantees to international confirming banks to cover the political and commercial payment risks of local issuing banks, thereby facilitating trade finance transactions such as letters of credit, guarantees, and other instruments. Since its launch in 1999, the TFP has supported billions of euros in trade through a large network, contributing to greater regional integration, risk mitigation, and sustainable trade development.
“We are very pleased to have joined the EBRD Trade Facilitation Programme as a confirming bank. Through this partnership, we will be able to intermediate trade finance transactions under EBRD guarantees with more than 130 banks across 28 countries. For instance, when Lithuanian exporters engage in trade with companies from countries participating in the EBRD Trade Facilitation Programme, our bank will be able to add confirmations, issue guarantees, and provide financing under EBRD coverage. This arrangement ensures that our Lithuanian clients’ payments are fully secured and allows them to expand their international network in frontier markets by accessing new funding opportunities, thereby promoting safer and more reliable international trade,” says Ezgi Karaca Yesiloz, Head of Financial Institutions at EMBank.
This opportunity will not only support Lithuanian exporters with more secure and reliable instruments but also strengthen our bank’s position as an active player in the international trade finance arena. In this context, we are delighted to contribute to the country’s export growth while further enhancing our bank’s portfolio and international presence.
EMBank is proud to be among the five Lithuanian banks participating in the EBRD Trade Facilitation Programme - a milestone that reflects the bank’s commitment to advancing international trade and supporting the growth of Lithuanian exporters and importers.
Dilek IsIk
European Merchant Bank (EMBank)
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]
