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IBEC Builds Up Documentary Portfolio for Pharmaceutical Industry Support

Considering the existing positive and active co-operation IBEC increased documentary business limit for LLC «FC Grand Capital » which would permit to secure the company’s liabilities and increase its business volumes with the largest global pharmaceutical producers.

Within the new limit IBEC has already issued a counter-guarantee in favor of OTP Bank for a subsequent guarantee issue in favor of subsidiary of a global pharmholding. The successful experience of a joint guarantee support by OTP Bank and IBEC promotes continuation and development of partner relations between one of the largest Russian pharmaceutical distributors and its suppliers.

LLC «FC Grand Capital» has 15-year experience in the Russian pharmaceutical market. The company has relations with more than 450 pharmaceutical distributors, wholesalers, large regional pharmacy networks in over 75 regions of Russia. According to RNC Pharma, Russian pharmaceutical distributors’ complex rating, the company is among TOP-5 pharmaceutical distributors in Russia by commercial sales.