LandesBank Berlin eng

Report
Trade finance. Credit line from LandesBank Berlin, Germany
was signed the Basic Agreement between LandesBank Berlin, Germany and PJSC “Zlatobank”
July 04, 2012 concerning the finance of German’s export to Ukraine under insurance cover of export-credit
agency - Euler Hermes Deutschland, Germany.
According to the conditions of the Basic Agreement LandesBank Berlin, Germany finances the export of goods from
Germany to Ukraine under insurance cover of export-credit agency Euler Hermes Deutschland.
Finance under line is executed in a form of goods for credit without getting the money directly to importer’s account held
with PJSC “Zlatobank”.
The main terms and conditions of credit line of LandesBank Berlin:
Sum of credit :
Currency of credit:
Credit term:
Repayment condition:
Interest:
Commissions under credit:
Exporter:
Importer:
Goods:
Payment conditions
under contract:
Insurance premium of
Euler Hermes Deutschland:
- min. EUR 250 000,00; max. EUR 5 000 000,00, but not more than 85% from the
total sum of contract;
- EUR/USD;
- up to 5 years;
- in 10 (ten) equal semi-annual instalments;
- six-month EURIBOR + margin of bank (*);
- commission for obligations (*);
- commission for a management a credit(*);
- company - resident of Germany/European Union;
- company - resident of Ukraine;
- any industrial products sourcing from Germany (100%) or
making the productions of Germany not less than 60%;
- prepayment in a sum not less than 15% from the sum of contract;
- issuance of letter of credit in favour of Exporter
- included in the total sum of contract (*).
(*) depends on the particular terms and conditions of the contract
PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine
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Trade finance. Credit line from LandesBank Berlin, Germany
Preconditions of the credit, to be executed by the sides:







issuing the mandate by LandesBank Berlin concerning the conditions of the finance;
conclusion of individual credit agreement (ICA) between LandesBank Berlin and PJSC “Zlatobank”;
obtaining the Legal opinion under ICA;
getting insurance cover from Euler Hermes Deutschland;
registration of Individual credit agreement by the National bank of Ukraine;
issuance of letter of credit by SC “Zlatobank” in behalf on Exporter;
getting the confirmation about the start point of crediting process from LandesBank Berlin.
PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine
3
Chart of financing under Credit line from LandesBank Berlin,
Germany
6.
Euler Hermes
Deutschland,
Germany
(*)
LandesBank Berlin,
2.1.
Germany
7.
8.
PJSC «Zlatobank»
Kiev, Ukraine
2.2.
9.
Exporter
(company - resident of
Germany/European Union)
1.
4.
5.
3.
NBU
10. 11.
Importer
(company - resident of
Ukraine)
1. Signing of the contract (purchase and sales contract) between Exporter and Importer;
2. Signing of:
2.1. individual agreement (IA) between JSC “Zlatobank” and LandesBank Berlin;
2.2. credit agreement between JSC “Zlatobank” and Importer;
3. Registration of IA in NBU;
4. Advance payment in amount of 15% from the total sum of contract (purchase and sales contract);
5. Application for issuance of L/C from Importer;
6. Issuance of L/C by JSC “Zlatobank”;
7. Advising L/C to Exporter;
8. Presentation of the documents under L/C by Exporter to LandesBank Berlin;
9. Payment under LC in favour of Exporter;
10. Providing the credit to Importer;
11. Repayment by Importer + % (in ten equal semi-annual payments)
(* ) Issuance of insurance cover by Euler Hermes Deutschland;
.
PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine
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Contact information
ZLATOBANK
your personal bank
Tel.:
+38 044 495 81 60
+38 044 495 81 61
Address:
17/52 B. Khmelnytskogo Str,
Kyiv, 01030, Ukraine
E-mail:
[email protected]
www.zbank.com.ua
PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine
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