MAY 2009


From now on ChemPartners have terminated joint agreements with 2 top banks providing services to Russian business. Despite our impeccable complying with all critical obligations, these Banks have violated the pledge and without prior notice withdrew or froze current credit products ahead-of-schedule.

It is necessary to point out that ChemPartners, being one of the key clients in both Banks for several years, have conscientiously accomplished all key partnership requirements not even once falling in arrears.

However in the context of financial instability, these Banks decided to minimize their own risks not taking into consideration well-being and sane operating of their clients. 

ChemPartners will no longer tolerate such inexplicable behaviour and have no further interest in continuing cooperation.

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