On April 13, 2026, Ipak Yuli Bank signed a Trade Facilitation Program (TFP) agreement with the European Bank for Reconstruction and Development (EBRD) in London. As a result, Ipak Yuli Bank has been granted Confirming Bank status.

This status allows Ipak Yuli Bank to guarantee payments on international transactions, providing an additional layer of protection for businesses working with foreign partners.

Participation in the program provides clients with access to trade finance instruments, including letters of credit and bank guarantees, which are backed by the EBRD. These capabilities will expand the bank's offerings in international trade finance and strengthen its position in supporting clients' foreign economic activities.

"Signing this agreement with the EBRD is an important milestone in the development of our trade finance business. It will enable us to offer clients more reliable and competitive solutions for international settlements," said Forrukh Iskhakov, Ipak Yuli Bank's Deputy Chairman of the Management Board.

These solutions include Tradeloan and Factoring, which are trade finance instruments that help businesses manage international contracts and maintain healthy cash flow. Tradeloan ensures timely payments to foreign partners under a specific contract, and Factoring allows businesses to receive up to 100% of the invoice amount immediately after shipment, eliminating the need to wait for client payment. The EBRD Confirming Bank status makes these instruments even more reliable and opens the door to broader opportunities in international trade.