It was the afternoon of 7 February 2012 and the Petrovsky Salon in Moscow's Marriott Royal Aurora was packed. The last session of Exporta's 5th Annual Russia and Eurasia Trade and Export Finance conference was taking place, but no one dared to leave early because the second annual graduation ceremony of the EBRD Trade Finance e-Learning Programme was about to start.

The graduates of 2012 braved frosty Russian weather and travelled to Moscow to receive their ICC Certificates of Achievement. All of them had 12 months to complete seven modules – the most extensive suite of trade finance training available to any trade finance professional worldwide.

You couldn't tell who was more nervous – the graduates, the TFP team or Thierry Sénéchal, Senior Policy Manager at the ICC Banking Commission who came to Moscow especially for this event. For many graduates it was a rare opportunity to receive their certificates directly from the regulator in trade finance. We wish you good luck in your studies!


As in the previous year, the TFP's partner banks awarded the best students with special prizes. Commerzbank invited Innesa Amirbekyan of Ameriabank to complete a two-week internship at its headquarters in Frankfurt. Michael Gutsa of Credit Bank of Moscow won a bespoke one-week training course in London, sponsored by Euromoney Training. Mariia Ivaschenko of Raiffeisen Bank Aval and Nadica Bosilkova Boskova of Komercijalna Banka Skopje both won iPads, presented by China Systems and eBSI. Suren Kocharyan of Ameriabank received a subscription to DC Pro, courtesy of Coastline Solutions, as did Olga Belovolova of NBD Bank, the only top graduate from a regional Russian bank.

And so we look forward to meeting next year's graduates and continuing our ground-breaking work in educating trade finance professionals throughout the EBRD's countries of operations.


Mr. Michael Gutsa - Credit Bank of Moscow , Russian Federation

Ms. Innesa Amirbekyan - Ameriabank , Armenia

Ms. Mariia Ivaschenko - Raiffeisen Bank Aval , Ukraine

Ms. Nadica Bosilkova Boskova - Komercijalna Banka AD Skopje, FYR Macedonia

Mr. Suren Kocharyan - Ameriabank , Armenia

Ms. Natalia Shatilo - Belgazprombank , Belarus

Ms. Aneta Stojmanovska - Komercijalna Banka AD Skopje, FYR Macedonia

Ms. Kristina Soghomonyan - Araratbank, Armenia

Ms. Natalia Afanasyeva - Bank Saint-Petersburg, Russian Federation

Ms. Marina Dzhulai - Raiffeisen Bank Aval , Ukraine

Mr. Yaroslav Bodenchuk - Raiffeisen Bank Aval , Ukraine

Ms. Kateryna Shulga - Raiffeisen Bank Aval , Ukraine

Ms. Anna Babayan - Araratbank, Armenia

Ms. Natalia Keshabyants - Credit Bank of Moscow, Russian Federation

Mr. Mikhail Timofeev - Transcapitalbank , Russian Federation

Mr. Ulan Asanakunov - Demir Bank , Kyrgyzstan

Mr. Nikita Podosenkov - Credit Bank of Moscow, Russian Federation

Mr. Vitaliy Garbaruk - Raiffeisen Bank Aval , Ukraine

Ms. Radmila Andonova - Komercijalna Banka AD Skopje , FYR Macedonia

Ms. Olga Belovolova - NBD Bank , Russian Federation

Trade Exchange Magazine

WINTER 2017/18

The new winter issue of 2017/18 is now available!

The year 2017 was exciting, but 2018 will be one to remember! The EBRD is extending new limits in Lebanon and West Bank and Gaza, and we will, as always, support green trade.

We will also be leading pioneering projects with trade finance colleagues to face challenges in correspondent banks and compliance relating to international trade.

Read More

OUR Students speak for us

Here you can find some of our students feedback

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    Alexander Kim Head of Trade Finance Credit Bank of Moscow OJSC, Moscow
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    Olena Kozoriz Head of Financial Institutions and Trade Finance at Ukreximbank, Ukraine
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    Zaure Salimbayeva Head of Structured & Trade Finance Sector, Corporate Finance Department at Bank CenterCredit JSC, Kazakhstan