Trade finance
The purpose of this product is to finance the funding needs by opening credit facility when issuing L/C, guarantee or bond*for following purposes.
- Purchase and import inventories and services
- Purchase and import vehicles, machineries and equipment
- Supply and export inventories and raw materials,
- Participate in tender or project,
- Obtain funding and loan from other banks and financial institutions
Conditions for trade facility: Same as Investment Loan
Risk premium: 2%-4% per annum
* cash covered or non-cash covered |