Your Foreign Trade Partner

    

Products and Services

We offer clients value added innovative banking services and financial products for very internationally competitive commissions and fees. Beside special tailored products, Aresbank offers the following standard products and services:

  • 1
    FOREIGN TRADE/INTERNATIONAL & LOCAL FINANCING



    Aresbank is a financial institution specialised in trade finance transactions in the MENA area. We support our clients in every kind of international means of payment (export/import documentary credits, export/import remittances).

    In addition we offer to our clients financial support for the development of their foreign trade by granting credits (pre and post financing of exports, import financing, export buyer credit, discount of utilization of documentary credit with and without recourse, refinancing of documentary credit) and issuance of commercial guarantees (bid bonds).


    FOREIGN TRADE
     
    • ADVISING AND CONFIRMATION OF EXPORT DOCUMENTARY CREDITS.
    • HANDLING OF EXPORT / IMPORT REMITTANCES.
    • ISSUANCE OF IMPORT AND BACK TO BACK DOCUMENTARY CREDITS.
    • ISSUANCE OF COMMERCIAL GUARANTEES (BID BOND, ADVANCE PAYMENT, PERFORMANCE, ETC.)

    INTERNATIONAL & LOCAL FINANCING
     
    • PRE-EXPORT FINANCING.
    • POST-EXPORT FINANCING.
    • EXPORT BUYER CREDIT.
    • IMPORT FINANCING.
    • DISCOUNT OF UTILIZATION OF DOCUMENTARY CREDITS, WITH AND WITHOUT RECOURSE.
    • REFINANCING OF DOCUMENTARY CREDIT.
  • 2

    TREASURY & CAPITAL MARKETS



    Since its incorporation, Aresbank operates directly and actively in the local and international interbank markets, acting as lender and borrower in the market with major banks.

    We offer the possibility of opening current accounts and deposits that expedite clients operations.

    Aresbank participates in the TARGET payment system between European Union Member States, which provides speed and security when effecting collections and payments.

     
    • MONEY MARKET DEPOSIT.
    • BUSINESS CURRENT ACCOUNT FOR CORPORATE AND FINANCIAL INSTITUTIONS.
    • TIME DEPOSIT FOR CORPORATE AND FINANCIAL INSTITUTIONS.
    • EXCHANGE RATE INSURANCE.
  • 3

    CLIENTS ADVISORY SERVICE



    Aresbank utilizes its bank network, composed of the Libyan Foreign Bank Participations in several countries, to gain  information and knowledge for reaching resources and services to enable its clients explore and benefit from trade and international business opportunities.

    The type of advice we provide to our clients is exclusively rendered in the banking business that we typically do focused on the markets where our banking products and services are offered. We usually support and guide our clients in the following areas:

    • Government sponsored deals for oil & gas operations and petrochemicals.
    • Financial products to support infrastructure projects such as airports, roads, and industrial and commercial services complexes.
    • Direct banking services for business enterprises and entrepreneurial projects.
    • Payments and Money transfer options for Foreign Trade.
    • Support for Investments in Real Estate and equity markets.
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