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International Internet Magazine. Baltic States news & analytics Saturday, 30.05.2020, 20:43

Rietumu Bank Participates in the "Black Sea Grain-2017" Conference for the Third Time

BC, Riga, 03.04.2017.Print version
On 5-6 April Rietumu Bank will take part in the XIV International Conference “Black Sea Grain” in Kyiv, which is one of the major global grain forums. Representatives of Rietumu Bank participate in this forum for the third consecutive year.

According to the organisers, this time in Kyiv the Forum will bring together more than 700 delegates, including representatives of major Ukrainian and foreign agribusiness: producers, traders, agricultural companies, logistic companies and others. It is expected that the forum will be attended by top managers and leading specialists from more than 50 companies from around the world, including Singapore, Israel, Baltic countries, America, Russia and others. 

The Rietumu Bank delegation at the Conference is headed by Member of the Board in charge of lending - Natalia Perhova.

During the two days of the Forum, delegates will discuss problems and trends of agricultural goods’ consumption and services in the conditions of the slowing global economy and the worsening debt crisis, forecasts of the demand for agricultural products in the season 2017/18, balances of supply and demand in the Mediterranean and Asian regions, issues of competition in the markets of agricultural raw materials, the effects of climatic conditions, development of logistics, investment attractiveness of this sector and many other pressing issues.

According to Member of the Board of Rietumu Bank Natalia Perhova: 

"Trade finance for Rietumu Bank is the segment where we have gained a considerable experience and expertise. We have over 20 years of successful operation with international customers and their transactions and projects in the agricultural sector.

We are one of the few banks in the region and in Europe as a whole, which finances trade beyond the eurozone borders. The volume of our operations here is growing from year to year and we in Rietumu Bank look at the field of trade finance with great optimism, continuously improving conditions for the realisation of ambitious plans.

Through participation in this forum for the third year in succession, we are accumulating experience whose value cannot be overestimated – these are business contacts and relationships with major players in the agricultural sector from all over the world. We provide our services and opportunities, find and subsequently help in implementation of interesting projects for international financing."

The Black Sea Grain is an international platform for discussing the most relevant topics and prospects of development of the global grain market and markets of the Black Sea region countries. The Conference is held regularly since 2004 and is one of the major global grain forums.

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