SvWP together with its London partner, Bon Pour Aval Ltd, arranged a 3 year medium-term without recourse financing facility in amount of DEM 1,500,000 necessary for the construction of an office center/hotel in Constanta, Romania.

The strategy proposed by SvWP was a trade finance transaction, based on certain Promissory Notes issued by the client & guaranteed by Bancorex and forfeited on the London financial market.