Conditional Loan

The bank takes a credit commitment for payment on your behalf in favour of another bank, governmental institution or your counterpart.

Characteristics

Repayment term

Subject to negotiation, for securing a specific commercial transaction.

Up to 18 months in case of need to issue multiple bank guarantees within a single limit.

Possibility to renew the term in cases where based on the loan a commitment is made in regard to:

  • Performance Guarantee
  • Tender Guarantee
  • Warranty service guarantee
  • Guaranty for recovery of advance payment
  • Guarantees before customs authorities

Tariffs and General Terms