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Enables realization of more complex and large-scale Czech deliveries to foreign importers
- Export contract for delivery of goods and/or services
- Framework credit agreement
- Insurance policy covering credit risks
- Credit agreement
- Delivery of goods and/or services
- Buyer’s credit through the importer’s bank
- Credit from the means obtained from CEB
- Disbursement of the buyer’s credit in favour of the importer
- The importer repays the credit to his domestic bank
- The importer’s bank repays the buyer’s credit to CEB
* Pursuant to the amendment of Act 58/1995, EGAP insurance is no longer a condition for the provision of supported financing.
Depending on CEB requirements, EGAP insurance may be substituted by another form of security.
| BASIC CHARACTERISTICS |
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SHORT-TERM CREDIT
- repayment term up to 2 years
- credit amount - up to 100% amount of export contract
- interest rate - based on the market interest rate (LIBOR, EURIBOR etc.)
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LONG-TERM CREDIT
(in compliance with OECD rules)
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repayment term above 2 years
- credit amount - up to 85% amount
of export contract
- 15% advance payment
- interest rate - fixed rate CIRR or its
equivalent based on the market rates
(LIBOR, EURIBOR etc.)
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Terms and Conditions
- "PU" - For the Provision of Direct Loans
for the Financing of Export Production, Financing of Export
and Funding of Investments
EGAP insurance - "D" , insured party - CEB
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List of fees for provided services
CIRR rates
Assessment of the environmental impact of the export
Conditions of combating bribery
Rules of the Arrangement on officially supported export credits (OECD Consensus)
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