On April 14, 2025, a meeting took place in Frankfurt am Main between representatives of Ipak Yuli Bank and Commerzbank AG during which there was signed a Master Trade Loan Agreement.

This happening marks a significant milestone in the long-standing partnership between the two financial institutions and further strengthens their cooperation in the field of international trade finance.

The agreement will enable Ipak Yuli Bank to expand its financial capabilities and actively support its clients’ international transactions, contributing to the sustainable growth of their foreign trade operations.

Ipak Yuli Bank was represented by the Deputy Chairman of the Management Board, Forrukh Iskhakov, who emphasized the importance of this strategic partnership:

"The signing of this agreement represents a key step in strengthening our international ties and expanding our trade finance offerings for our clients. We are confident that our cooperation with Commerzbank will take the quality of our banking services to a new level."

Ipak Yuli Bank has been partnering with Commerzbank since 2007. Over the years, the banks have successfully implemented a number of joint initiatives among others aiming at supporting small and medium-sized enterprises via different classic trade finance products.

This new stage of collaboration will further streamline financial operations and unlock new opportunities in global trade.

Ipak Yuli Bank remains committed to enhancing international partnerships and driving innovation in trade finance.