In keeping with the development of the Strategic Plan, we have organized this new management office whose objective is to establish business relationships with the main financial institutions of the World, thereby expanding the network of correspondent banks abroad and always seeking the best conditions for our clients’ transactions.
In this process, we very much take into account the international commercial flows wherein our current and potential clients participate, in order to have a reasonable geographical distribution that may provide more and better options to ensure satisfaction of the international financial service needs of businesses and individuals.
Currently, Multibank has business relationships with over 50 correspondent banks, development organizations and multilateral financial entities. Additionally, we count on broad lines of credit for foreign trade operations, financing of working capital, medium and long term investment projects, currency exchange and risk coverage operations, among others.
Our Correspondent Banks at the international level:
- Standard Chartered Bank
- Bank of Montreal
- JP Morgan
- Commerzbank AG
- UBS AG
- Israel Discount Bank of New York
- Deutsche Bank
- Wachovia Bank