10 MED announces partnership with Bank Saint Petersburg

10 MED has fulfilled its obligations to foreign partners even in times of global coronavirus pandemic. We have continued international shipments to such countries as Japan, China, Iraq and are gradually returning to pre-crisis levels.

“Support of our partner Bank Saint Petersburg in this regard has been of significant help during the lockdown”, said 10 MED Executive Manager Maksim Zotov.    

One of the bank’s key services is to assist companies involved in international trade. “We are proud to announce that Bank Saint Petersburg rightfully considers 10 MED as one of the leading exporters of medical products, providing comprehensive services to promote Russian brands in global markets", emphasized Maxim Zotov.

We took the Letter of Credit + Hedging offer launched by Bank Saint Petersburg during the pandemic. As China remains an important strategic region for our products, we were able to guarantee timely payments and delivery, insure our company against currency risks.  Thanks to our cooperation with Bank Saint Petersburg, we are offering our clients an expanded deferred payments service.

10 MED expresses its gratitude to Bank Saint Petersburg and hopes for a long-term mutually profitable cooperation.

Bank Saint Petersburg, founded in 1990, is one of the largest regional banks in Russia. According to RIA Ranking agency, in terms of assets, which amounted to 688.1 billion rubles in May 2020, it was placed 17th in Russia.