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Financial Guarantees

Import-Related Financial Guarantee

The Bank guarantees to pay the aggregate principal and interest on loans extended by domestic or foreign financial institutions to borrowers in eligible transactions, in the event the borrower fails to make such payment.

Terms & Conditions

Terms & Conditions - Content, Details
Content Details
Applicant(Borrower)
  • Company that is eligible for Import-Related Loans
Beneficiary
  • Domestic/foreign financial institution that :
    i) lends to the applicant
    ii) purchases bonds issued by the applicant
Coverage
  • Up to the amount of principal and interest on the debt covered
Guarantee Period
  • Up to 60 days after the maturity date of the debt covered