Institution details
SID Bank (SID)
Key facts
- Established in 1992
- Ownership: Public
Part of the OECD
Part of the Berne Union
- Ulica Josipine Turnograjske 6
- +386 1 200 7500
- https://www.sid.si
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | S&P | Foreign currency | A+ |
Country rating | S&P | Local currency | A+ |
Products
- Supplier credit insurance
- Bank credit insurance
- Investment insurance
- Project finance
Supplier Credit Insurance
- Pre-delivery insurance for reimbursement of production expenses due to inability to supply the goods agreed by contract due to political and/or certain commercial risks
- Post-delivery insurance covers non-payment due to commercial and political non-commercial risks
Bank Credit Insurance
- Available for banks to insure exporters’ receivables for financing production costs and covering commercial risks
- Credit insurance for non-payment by exporter due to commercial risks available to exporters with at least 50% export revenue in the last 3 years
Investment Insurance
- Equity insurance: Insure foreign equity investments from political risks
- Shareholder’s loan insurance: Insurance of non-payment of loans to foreign entities due to political risks
- Non-shareholder’s loan insurance: Insurance of non-payment of loans to foreign entities due to commercial and political risks
Project Finance
- Insurance to commercial lenders for up to 40% of project cost
- Remainder of project funding to come from project sponsors (30%) and minimum 30% from commercial banks experienced in project financing
Modality | Tenor | Cover type | coverage |
---|---|---|---|
Insurance | Short/medium/long-term | Comprehensive | Up to 95% |
Insurance | Short/medium/long-term | Political | Up to 95% |