Export Loan

Export Loan

Export credits are government financial support, direct financing, guarantees, insurance or interest rate support provided to foreign buyers to assist in the financing of the purchase of goods from national exporters

Export Loan
4.75 %
Interest Rate
Export Loan
7.73 %
Base Rate
Export Loan
12.48 %
Total Interest Rate

Last Updated Date: November 30, 2021

Himalayan Bank Ltd

With the vision to become a Leading Bank of the country by providing premium products and services to the customers, thus ensuring attractive and substantial returns to the stakeholders of the Himalayan Bank was established in 1993. The most recent rating of Himlayan Bank Limited by Bankers’ Almanac as country’s number 1 Bank easily confirms their claim and to become the Bank of first choice is the main objective of the Bank. The mission of this Bank is to become the preferred provider of quality financial services in the country. There are two components in the mission of the Bank; Preferred Provider and Quality Financial Services; therefore at HBL they believe that the mission will be accomplished only by satisfying these two important components with the Customer at focus. The Bank always strives positioning itself in the hearts and minds of the customers. Legacy of Himalayan Bank lives on in an institution that's known throughout Nepal for its innovative approaches to merchandising and customer service. Products such as Premium Savings Account, HBL Proprietary Card and Millionaire Deposit Scheme besides services such as ATMs and Tele-banking were first introduced by HBL. Other financial institutions in the country have been following HBL’s lead by introducing similar products and services.

Export Loan

REQUIRED DOCUMENTS

  • Citizenship certificate
  • PAN Certificate
  • Company Registration Certificate
  • Credit limits sanctioned by the bank.

What Is Export Credit?


An export credit offers trade finance and other services to facilitate domestic companies' international exports. Like other countries, Nepal also provide loans, loan guarantees and insurance to help eliminate the uncertainty of exporting to other countries. The purpose  is to support the domestic economy and employment by helping companies find overseas markets for their products. It can be government agencies, quasi-governmental agencies or even private organizations including the arms of commercial financial institutions. Export credits are government financial support, direct financing, guarantees, insurance or interest rate support provided to foreign buyers to assist in the financing of the purchase of goods from national exporters. A loan extended to finance a specific purchase of goods or services from within the creditor country. Export credits extended by the supplier of goods such as when the importer of goods and services is allowed to defer payment are known as supplier’s credits; export credits extended by a financial institution, or an export credit agency in the exporting country are known as buyer’s credits.The common products found in trade and export transactions are the following:

  • Import/ Export Letters of credit (L/C)
  • Loans for Import/Export (can be covered with credit insurance products)
  • Performance Guarantees and Standby Letters of Credit
  • Supply Chain Finance (Payables Finance)
  • Some instances of specific Project finance / Commercial finance
  • Products for which an export credit  has provided a state-backed guarantee or insurance to the financing bank
  • Banks’ lending related to public credit risk transfers and political risk mitigation
  • Bank lending in public-supported trade facilitation transactions

In addition, to support companies to export and thrive in a global economy, Export Finance is also a critical part of the development finance and sustainable finance agendas (with Export Finance having some of the highest ratios of sustainability / total transactions in the market. Given the high level of compliance and rules governing the transactions, all steps can be traced from importer to exporter, banks and ECAs, ensuring that transparency, public support interests and international agendas .


 

 


 

 

 

 

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