Correspondent relations

The Bank also opens and maintains correspondent bank accounts for its clients within a broad network of correspondent banks globally, including in such financial centers as Switzerland, the United States of America, Germany, Japan and the United Kingdom as well as in Ukraine, CIS and the Baltic region. The Bank carries out settlement transactions, foreign exchange operations, servicing of correspondent bank and investment accounts, granting and accepting of interbank loans and deposits with correspondent banks in 18 currencies (see Correspondent Banks section). The Bank can also operate transactions with any other currency and in any country subject to national and international regulations and requirements.