Procedure of Crediting out of Foreign Credit Lines
Advantages of crediting out of foreign credit lines.
Wide geography of choice of suppliers and foreign banks.
Term of resources provision depends on the terms and conditions of the contract and the amount of loan.
Relatively low interest rate.
Flexible schedule of credit debt repayment.
Extension on principal debt repayment is possible.
Fast decision-making about financing.
List of foreign banks, which have signed agreements with Belarusbank
ÀÊÀ Ausfuhrkredit - Gesellschaft mbH, Germany;
HypoVereinsbank (UniCredit Group), Germany;
Landesbank Berlin AG, Germany;
Commerzbank AG, Germany;
BHF-Bank AG, Germany:
Bayerische Landesbank, Germany;
Landesbank Baden- Wurttemberg, Germany;
BRE Bank SA, Poland;
Citibank Handlowy SA, Poland;
Bank DnB NORD Polska S.A., Poland;
Kredyt Bank, Poland;
Raiffeisen Bank Polska SA, Poland;
China Eximbank, China;
The Export-Import Bank of the Republic of China, Taiwan;
UBS AG, Switzerland;
Credit Suisse, Switzerland;
Bank Austria (UniCredit Group), Austria;
Danske Bank, Denmark;
Fortis Bank, Belgium;
Czech Export Bank, Czech Republic;
Ceskoslovenska Obchodni Banks, Czech Republic;
EXIMBANKA SR, Slovakia;
VUB Banka, Slovakia;
Turk Eximbank, Turkey;
HBOR, Croatia.
Conditions of crediting our of foreign credit lines (FCL)
|
1 |
Share of contract value financed out of FCL |
85% |
|
2 |
Share of contract value financed out of other sources (financing of Belarusbank is possible) |
15% |
|
3 |
Insurance of FCL by the National Export Credit Insurance agencies |
|
|
|
Insurance cover: |
|
|
Payment scheme |
single payment |
|
|
Approximate amount (in % of credit amount) |
credit for 3 years - 6,5%-7,5%; credit for 5 years - 10%-11% |
|
|
Source of payment |
internal funds of a borrower; funds of FCL (85%-100%); |
|
|
4 |
Commitment fee |
0,5%-1% per annum on any credit ammount undrawn |
|
5 |
Management fee |
0,5%-1,5% of credit's amount (single payment) |
Cost of credit resources for the Bank's clients:
Libor, Euribor + margin of a foreign bank + margin of Belarusbank
Term of project consideration does not exceed 1 month
Basic criteria for financing (by examples of some countries)
|
Criteria |
Germany, Austria, Switzerland |
Poland |
China |
Czech Republic |
|---|---|---|---|---|
|
Share of goods, coming from the supplier's country |
not less than 80% |
not less than 50% |
not less than 60% |
not less than 60% |
|
Payment of insuranse |
up to 100% can be financed |
up to 100% can be financed |
individually |
up to 100% can be financed |
|
Minimum amount of FCL |
250 000 EUR |
250 000 USD |
4 000 000 USD |
250 000 EUR |
The main projects, financed through foreign credit lines
|
Project |
Foreign bank |
Country |
|---|---|---|
|
JV "BelInterEst" LLC Construction of business center with hotel complex |
AKA Ausfuhrkredit Gesellschaft MbH |
Germany |
|
JSC "Gorodeya Sugar Refinery" Reconstruction of production and purchase of agricultural machinery |
AKA Ausfuhrkredit Gesellschaft MbH, Bankgesellschaft Berlin AG, Bayerische Hypo- und Vereinsbank, Nord/LB Polska SA |
Germany, Poland |
|
Purchase of agricultural machinery by enterprizes of Minsk, Brest, Mogilev , Grodno regions |
AKA Ausfuhrkredit Gesellschaft MbH, Bankgesellschaft Berlin AG, BRE Bank SA, Consortium of Polish banks |
Germany, Poland |
|
JSC "Skidel Sugar Refinery" Reconstruction of production and purchase of agricultural machinery |
AKA Ausfuhrkredit Gesellschaft MbH, Bankgesellschaft Berlin AG |
Germany |
|
OJSC "Grodno Building Materials Plant" Equipment for production of aerated concrete |
AKA Ausfuhrkredit Gesellschaft MbH, Bankgesellschaft Berlin AG |
Germany |
|
OJSC "Orsha Meat Cannery" Reconstruction of the shop for production of sausage goods |
AKA Ausfuhrkredit Gesellschaft MbH, Bankgesellschaft Berlin AG |
Germany |
|
JSC "Grodnohleboproduct" Technological reequipment |
AKA Ausfuhrkredit Gesellschaft MbH, BRE Bank SA |
Germany, Poland |
|
JSC "Aulsk MRO" Delivery of agricultural machinery |
AKA Ausfuhrkredit Gesellschaft MbH |
Germany |
|
JSC "Minsk municipal milk-processing plant ¹ 3" Delivery of agricultural machinery |
Bankgesellschaft Berlin AG |
Germany |
|
Byelorussian Steel Works Purchase of crane equipment |
AKA Ausfuhrkredit Gesellschaft MbH |
Germany |
|
OJSC "Svitanak" Purchase of a stretcher |
Bayerische Hypo- und Vereinsbank |
Germany |
|
OJSC "Ivacevichdrev" Purchase of a line for lamination of wood particle board |
Bayerische Hypo- und Vereinsbank |
Germany |
|
OJSC "Pinema" Purchase of a tenter drier |
Bayerische Hypo- und Vereinsbank |
Germany |
|
Assotiation "Belarusian Railway" Purchase of a staining complex |
BRE Bank SA |
Poland |
|
JSC "Slutsk Sugar Refinery" Construction of a stockhouse for bulk storage of raw sugar |
Nord/LB Polska SA |
Poland |
|
OJSC "Berezovski syrodelni kombinat" Purchase of a line for production of rennet cheese |
Danske Bank A/S |
Denmark |
|
OJSC "Volozhinski maslosyrzavod" Reconstruction of cheese-making and curd production |
Bank Austria Creditanstalt AG |
Austria |
|
JSC "Belgazprombank"/JLLC "Euvrosteklo" Purchase of equipment |
Raiffeisen Bank Polska SA |
Poland |
|
Reconstruction of RUE "Hotel "Minsk" |
Turk Exim Bank |
Turkey |
|
JSC "Belmedpreparaty" Purchase of technological equipment |
Fortis Bank |
Begium |
|
The whole ammount of projects financed is more than USD 210 mln. |
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