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Credit and Guarantee Support

State Specialized Russian Export-Import Bank (joint-stock company) is an institution providing targeted support for non-resource exports.

The activity of the bank centers around special financial offers for the parties of export transactions which allow bringing Russian products to the international market with competitive price and quality.

EXIMBANK OF RUSSIA, JSC has Ba2 Moody’s Investors Service long-term credit rating, as well as A++ RAEX (Expert Ra) individual credit rating with a stable outlook.

THE BANK FINANCES:

  • Exporters of Russian goods and services;
  • Russian producers exporting their products via trade houses and agents;
  • Foreign buyers of Russian products and goods;
  • Foreign financial institutions to boost the volume of the Russian export.

EXPORT SUPPORT CREDITS:

The product range offered by EXIMBANK OF RUSSIA, JSC covers all stages of the exported goods/services production and supply cycle:

  • Funding export contract expenses;
  • Funding operating costs associated with export supplies.
  • Funding the exporter’s commercial credit;
  • Funding dealings with foreign customers.
  • Direct credit for a foreign customer;
  • Funding via a confirmed letter of credit;
  • Credit for the foreign customer’s bank.

SPECIAL CREDIT TERMS:

  • Borrower - importer / importer’s bank / exporter / Russian producer;
  • The Russian share in the export contract – 30% and more;
  • Amount of credit - 85 - 100% of the export contract total;
  • Currency of credit - Russian ruble or the export contract currency;
  • Credit period - up to 10 years;
  • Basic security:
    • EXIAR, JSC insurance coverage;
    • pledge of receivables for the export earnings under the export contract (commission agreement between the producer and exporter);
    • business owners’ guarantee.

HIGH-TECH PRODUCTS SUPPORT PROGRAM:

As a part of the state high-tech export support program, EXIMBANK OF RUSSIA, JSC offers the credits at the interest rates allowing considerable extension of a company’s export potential. Credits are available in RUB, USD, and EUR.

To take advantage of the program:

1. Make sure the goods and services your company produces and exports fall in the high-tech export category (the list of high-tech products approved by Order of the Ministry of Industry and Trade of the Russian Federation No. 1809 dd. 02.07.2015);

2. Fill in the Exporter’s Profile at the web-site and attach it to the standard credit product paper package:

    • Direct credit for a foreign customer;
    • Credit for the foreign customer’s bank;
    • Funding the exporter’s commercial credit;
    • Funding dealings with foreign customers.

3. Send the package to the bank.

EXPORT SUPPORTING BANK GUARANTEES:

The Bank provides all sorts of guarantees required by the exporter to execute an export contract and fulfil its obligations under it:

  • Tender guarantees.
  • Advance chargeback guarantee.
  • Export contact performance guarantee.
  • Payment guarantee.
Major guarantee granting terms:
  • A valid export contract or valid tender documentation;
  • An account at EXIMBANK OF RUSSIA, JSC opened by the exporter;
  • Opening of the export contract transaction report form at or transferring it to EXIMBANK OF RUSSIA, JSC;
  • The limit provided should be secured in full and for the full term of validity of the guarantee.