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Enables Czech exporter to finance delivery or shipment of goods and/or services
- Export contract for the delivery of the goods and/or services
- Credit agreement
- Insurance policy covering credit risks
- Delivery of goods and/or services
- Disbursement of the credit
- Payment for the delivered goods and/or services
- Credit repayment
* 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% of export contract
- interest rate - based on the market interest rate (LIBOR, EURIBOR etc.)
- EGAP insurance - "B"
- Insured party - exporter
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LONG-TERM CREDIT
(in compliance with OECD rules )
- 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.)
- EGAP insurance - D
- insured party - exporter
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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 |
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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