Obsah Menu Vyhledávání

Jazyková verze

  •  Čeština
  • English
  • Русский
  • Español
  • Türk
  • 中國

Buyer's Credit

Direct Buyer's Credit (Received by Foreign Importer)

Direct buyer's credit enables large-scale Czech deliveries to foreign buyers (importers).

How it works

Pictogram Legend:

  1. Export contract for delivery of goods and/or services
  2. Credit agreement
  3. Insurance policy covering credit risks*
  4. Delivery of goods and/or services
  5. Credit disbursement in favour of the exporter
  6. Credit repayment

*Pursuant to the amendment of Act No. 58/1995, EGAP insurance is no longer a condition for the provision of supported financing. Depending on ČEB requirements, some other form of security may serve as a substitute for EGAP insurance.

Basic characteristics

Short-term credit

  • Repayment term up to 2 years
  • Credit amount – up to 100% of export contract amount
  • Interest rate – based on market interest rates (LIBOR, EURIBOR etc.)

Long-term credit

  • In compliance with OECD rules
  • In compliance with Rules for State-supported Export
  • Repayment term more than 2 years
  • Credit amount – up to 85% of export contract amount
  • 15% advance payment
  • Interest rate – fixed rate CIRR or its equivalent based on market interest rates (LIBOR, EURIBOR etc.)

EGAP insurance - "D", insured party - ČEB

Indirect Buyer's Credit (Received by Foreign Importer's Bank)

Indirect buyer's credit enables more complex and large-scale Czech deliveries to foreign buyers (importers).

How it works

Pictogram Legend:

  1. Export contract for delivery of goods and/or services
  2. Framework credit agreement
  3. Insurance policy covering credit risks*
  4. Credit agreement
  5. Delivery of goods and/or services
  6. Buyer's credit through importer's bank
  7. Credit from funds obtained from ČEB
  8. Disbursement of buyer's credit to importer
  9. Importer's repayment of credit to his domestic bank
  10. Importer's bank repayment of buyer's credit to ČEB

*Pursuant to the amendment of Act No. 58/1995, EGAP insurance is no longer a condition for the provision of supported financing. Depending on ČEB requirements, some other form of security may serve as a substitute for EGAP insurance.

Basic characteristics

Short-term credit

  • Repayment term up to 2 years
  • Credit amount – up to 100% of export contract amount
  • Interest rate – based on market interest rates (LIBOR, EURIBOR etc.)

Long-term credit

  • In compliance with OECD rules
  • In compliance with Rules for State-supported Export
  • Repayment term above 2 years
  • Credit amount – up to 85% of export contract amount
  • 15% advance payment
  • Interest rate – fixed rate CIRR or its equivalent based on market interest rates (LIBOR, EURIBOR etc.)

Terms and Conditions for the Provision of Direct Loans for the Financing of Export Production, Financing of Export and Funding of Investments

EGAP insurance - "D", insured party - ČEB

Refinancing of Buyer's Export Credit

This product enables an exporter's bank to obtain funds it can use to provide credit to the foreign importer or his bank under more favourable terms.

How it works

Pictogram Legend:

  1. Export contract for the delivery of goods and/or services
  2. Credit agreement on ČEB’s refinancing loan for the exporter’s bank under OECD rules
  3. Insurance policy covering credit risks*
  4. Credit agreement between the exporter’s bank and the importer
  5. Delivery of goods and/or services
  6. Refinancing loan granted to the exporter’s bank
  7. Credit granted to the importer from the funds obtained from ČEB
  8. Amount drawn under buyer's credit paid direct in favour of the exporter
  9. Buyer repaying the export credit to the exporter’s bank
  10. Exporter’s bank repaying the refinancing loan to ČEB

EGAP insurance „D“ refers, insurance to be concluded by the exporter’s bank.

* Pursuant to the amendment of Act No. 58/1995, EGAP insurance is no longer a precondition for the provision of officially supported export financing by ČEB

Up

Copyright © 2012 ČEB, a.s., All rights reserved

Site map | Developed by MEDIA FACTORY