Program Title: Domestic Trade Financing
Program Objective: To provide working capital for local trade transactions.
– Manufacturers, traders of various industry sectors
Loan Purpose: working capital
Loan Amount: Up to 80% of Domestic Letter of Credit (DLC), confirmed Purchase Order (PO) or Sales Confirmation (SC), subject to the Bank’s credit risk rating.
Interest Rate: Prevailing bank interest rate payable and subject to
review every thirty days
Maturity: LC expiry date/15 days after shipment date of PO, SC
– Real Estate Mortgage (REM)
– Continuing Suretyship of Principal Owners
– Post dated checks (PDCs)
EXPORT AND INDUSTRY BANK
Export Bank Plaza, Export Bank Drive corner Chino Roces Avenue Makati City
Andres F. Ibarra
Corporate Banking Group