Institution details
Czech Export Bank (CEB)
Key facts
- Established in 1995
- Ownership: Public
- Vodičkova 34
- +420 222 841 100
- http://www.ceb.cz/
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | S&P | Foreign currency | AA- |
Country rating | S&P | Local currency | AA |
Products
- Buyer credit
- Supplier credit
- Investment credit
- Pre-export credits
- Project financing
Buyer credit
Financing large-scale Czech deliveries to foreign buyers
Tenor:
- Short-term: Up to 2 years
- Medium- and long-term: Over 2 years
Financed amount:
- Short-term: Up to 100% of export contract amount
- Medium- to long-term: Up to 85% of export contract amount, with 15% advance payment
Interest rate:
- Short-term: LIBOR, EURIBOR
- Medium- and long-term: Fixed rate CIRR or its equivalent based on market rates (LIBOR, EURIBOR)"
Other financial modalities:
- Indirect buyer credit: Bank-to-bank finance where ČEB provides financing to importer’s bank
- Refinancing of buyer export credit: Bank-to-bank finance enables exporter's bank to obtain funds to provide credit to the foreign importer or its bank
Supplier credit
Direct supplier credit enables Czech exporter to finance cost arising from delivery or shipment of goods and/or services
Tenor:
- Short-term: Up to 2 years
- Medium- and long-term: Over 2 years
Financing amount:
- Short-term: Up to 100% of export contract amount
- Medium- and long-term: Up to 85% of export contract amount, with 15% advance payment
Interest rate:
- Short-term: Based on market interest rates (LIBOR, EURIBOR, etc.)
- Medium- and long-term: Fixed rate CIRR or its equivalent based on market rates (LIBOR, EURIBOR, etc.)"
Other financial modalities:
- Refinancing of supplier’s credit: Bank-to-bank finance enables exporter's bank to obtain funds to provide credit to the foreign importer or its bank
Investment credit
Provides Czech investors a long-term credit facility for investment abroad or extension of a foreign company with Czech participation
Minimum repayment tenor of 3 years
Interest rate: Fixed-rate CIRR or equivalent based on market rates (LIBOR, EURIBOR)
Pre-export credits
Credit for pre-export financing enables Czech producer or exporter to finance costs connected with deliveries for foreign buyer
Eligible costs:
- Purchase of raw materials and other components for export production
- Purchase of materials for export that are integral to Czech production
- Personnel costs (i.e., wages, social, and medical insurance)
- Acquisition of investment assets for production that will be exported
Tenor:
- Short-term: Up to 2 years
- Medium- and long-term: Over 2 years
Financing amount:
- Short-term: Up to 85% of export contract amount
- Medium- and long-term: Up to 75% of export contract amount
Interest rate: Medium- and long-term based on market (LIBOR, EURIBOR)
Project financing
Transaction support for project finance considered on a case-by-case basis
Performance highlights
What's new?
- In November 2021 it was announced that newly-originated loans in GBP and USD currency will be linked to the new risk-free rates (RFR) only. Loans signed before 31st of December 2021 have to be converted to RFR till 30th of June 2023.
- EGAP insurance is no longer a condition for the provision of supported financing by CEB; other forms of security may substitute EGAP insurance
- Wide range of products for SME export production funding or export funding
- Adheres to OECD guidelines
- Anti-money laundering