Summary
Export & Agency Finance product has been designed to help corporate customers of Citibank raise foreign currency funds required for trade and overseas investment/construction.
When you conduct a business in a high sovereign risk country or export goods to a bad credit company, you may be able to raise long-term funds at low interest rate by utilizing various programs of the Export Credit Agency.
Citibank forms a syndicate together with KOEXIM Bank to lend funds directly or arranges the syndicate loans under the payment guarantee and export insurance policy issued by export credit agencies.
Almost all of the areas such as shipbuilding, automobile, telecommunication, chemical, petrochemical, and resource development, etc. are included in the eligible industries for support.
All the businesses being conducted all over the world from developed countries to underdeveloped countries are supported. In addition to general type of loans, project finance is also supported.
Product Background
- - When funds are required for export and overseas investment/business development
Expected Benefit
- - Enhance competitive power for export of the concerned industry
- - Foreign currency loan is available in a country of comparatively high sovereign risk
Advantages of Citibank Product
- - Citibank offers advisory service and fund raising through the global network.
Target Market
- - Domestic companies who has plans for export and overseas business
Required Documents
- - Subject to thorough review of the specific structure of the concerned export transaction and the overseas business.
