Voluntary insurance of project financing Insurance of credit organization when financing a foreign counterparty | Export credit agency of Kazakhstan

Voluntary insurance of project financing Insurance of credit organization when financing a foreign counterparty

This tool allows a credit institution to have insurance coverage against the risk of non-payment by a Kazakhstan enterprise (exporter) for its obligations under the Loan agreement

Insurance Procedure
  • KazakhExport provides the bank insurance coverage against the risk of the exporter defaulting on the loan provided
  • The credit institution provides the exporter with a loan for an investment project (project financing), the purpose of which includes the development of exports
  • In case of default of the borrower (exporter), KazakhExport compensates the losses of the credit institution