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
