SID Bank - Insurance - Export credit insurance
Export credit insurance
As an authorized institution SID Bank insures on behalf and for the account of the Republic of Slovenia commercial and/or non-commercial (non-marketable) risks of the nature and level for which private reinsurance market is not willing to cover or has limited capabilities to cover. In compliance with regulations of the European Union non-marketable risks are commercial and political risks above two years in countries members of OECD and all the risks in the countries outside OECD.
Export credit insurance services
- Insurance of pre-delivery risks
- Insurance of post-delivery risks:
- supplier credit insurance,
- foreign buyer credit insurance,
- purchase of trade receivables,
- documentary credit etc.
- Insurance of bank guarantees
- Reinsurance of receivables – support for small and medium enterprises
- Project financing insurance
- Other insurance: insurance of equipment at engineering sites in a foreign country, insurance of goods in customs warehouses, at exhibitions or fairs abroad.
- Implementation of Interest Rate Equalization Programme (IREP)
- Performance of other transactions on special authorizations (official development aid).
Slovensko