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WE SUPPORT YOUR
EXPORTS EVEN
WHERE OTHERS
CANNOT GO
EXPORT INSURANCE EXPORT INSURANCE
Notes
EXPORT INSURANCE
EXIMBANKA SR
EXIMBANKA SR has a specifi c position on the
Slovak fi nancial market. Within the framework
of offi cial support for export credits it acts
as an export credit agency of the Slovak
Republic. Our main goal is to support Slovak
exports and investments abroad through a
wide range of products.
CREDITS GUARANTEES INSURANCE
Do you wish to place your goods and services
abroad?
Do you need funds for launching pro-export
production?
Do you consider investing abroad?
Do you seek an expert advice on export
project structuring?
Do you wish to mitigate the risk of non-
payment of your foreign receivables?
Do you plan to participate in an international
public tender?
Make use of our services
We have long-term professional experience.
We off er a complex one-shop service.
We work with all exporters, regardless their
size or sector of operation.
We will help you to penetrate into countries
with higher territorial risk.
We will support your projects with long
repayment terms.
Export-Import Bankof the Slovak Republic
EXIMBANKA SRGrösslingová 1
813 50 Bratislava 1Slovak Republic
+421 2 59 39 82 05fi [email protected]
+421 2 59 39 86 [email protected]
+421 2 59 39 81 [email protected]
www.eximbanka.sk
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EXPORT INSURANCE EXPORT INSURANCE
INSURANCE PRODUCTS
EXPORT CREDITS
Insurance of short-term supplier’s credits against commercial, political and combined risks
The insurance eliminates the exporter’s
exposure to the risk of non-payment of its
export or domestic receivables.
The short-term supplier’s export credit
insurance provides the exporter with cover
against commercial risks (insolvency,
protracted default), along with the possibility
to arrange additional cover against political
risks (so-called “territorial risks”). Insurance
of short-term domestic receivables provides
cover against commercial risk of the buyer.
Insurance of medium-term and long-term supplier’s credits against political and commercial risks
The insured is the exporter providing a foreign
buyer with a supplier’s credit with a repayment
term exceeding two years.
Insurance of buyer’s export credits against political and commercial risks
The insured is the exporter’s bank or another
fi nancial (commercial) institution providing
buyer’s credit to the foreign buyer’s bank or
directly to the foreign buyer to fi nance the
export contract.
Insurance of pre-credit manufacturing risk
The insurance covers the risk that the exporter
incurs prior to the shipment of goods or prior to
the granting of an export credit to the foreign
buyer in connection with the cancellation or
interruption of the export contract.
Insurance of loans to fi nance production destined for export against the risk of non-payment due to the exporter’s inability to comply with the export contract terms
The insured is the bank providing a loan
to a Slovak exporter to fi nance production
destined for export.
Insurance of confi rmed irrevocable documentary Letters of credit
The insured is the bank confi rming the Letter
of credit and the insurance covers commercial
and political risks associated with the issuing
bank’s failure to make the payment in
accordance with the L/C terms.
Insurance of bank guarantees issued in relation to award or performance of export contract
The insured is the bank which issued the
guarantee (e.g. bid bond, advance payment
bond, performance bond, etc.) and the
insurance covers the risk of losses incurred by
fair and/or unfair calling of the guarantee by
the benefi ciary.
INVESTMENTS
Insurance of investments of Slovak legal entities abroad
The insurance covers political and other non-
commercial risks which cause the investor’s
losses of return on investments abroad due
to the impossibility of payment transfers to
the Slovak Republic, expropriation or acts of
political violence; the insured is the investor.
Insurance of loans related to the investments of Slovak legal entities abroad against the risk of non-payment of the credit
The object of insurance is the receivable of
the fi nancing bank (the insured) under a loan
granted to the debtor to fi nance investments
abroad.
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