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November 20

Orient Finans Bank has opened correspondent accounts in Landesbank Baden-Wuerttemberg (Stuttgart, Germany)

Relations with international financial institutions are of particular importance for expanding the range of services for the bank's clients on foreign economic transactions. So on November 20, 2018, the bank established correspondent relations with one of the largest banks in Germany, Landesbank Baden - Wuerttemberg, located in Stuttgart. Now the bank's clients can make transactions on this correspondent account in EUROS. Landesbank Baden - Wuerttemberg is the largest state-owned lender in Germany. The bank's head office is located in Stuttgart. LBBW includes the retail banks Baden-Württembergische Bank (BW-Bank), Rheinland-Pfalz Bank and Sachsen Bank. The bank has 200 branches and service points in Germany and another 24 in other countries. LBBW also has a very wide correspondent network, including 2,800 banks worldwide. It is the central bank among the savings banks in Baden-Württemberg, Rhineland Palatinate and Saxony. BW-Bank performs the functions of a savings bank on the territory of the administrative center of Stuttgart.