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Credit for pre-export financing |
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Enables Czech producer or exporter to finance costs connected with realization of deliveries for foreign buyer (importer)
Financing covers the following costs:
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purchase of raw material and other components for export production
- purchase of material in store
- overhead costs
- personal costs, i.e. wages, social and medical insurance costs
- investment costs in connection with production, production extension
- Export contract for the delivery of the goods and/or services
- Credit agreement
- Insurance policy covering credit risks
- Credit disbursement upon documents certifying production expenditures
- Delivery of goods and/or services after the production completion
- Credit repayment either by means of irrevocable letter of credit or by means of export buyer's or supplier's credit
* 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
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repayment term up to 2 years
- credit amount - up to 85% amount
- of export contract
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LONG-TERM CREDIT
(in compliance with OECD rules)
- repayment term above 2 years
- credit amount - up to 75% amountof export contract
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- interest rate - based on the market interest rate (LIBOR, EURIBOR etc.)
- 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 - "F" , 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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