Introduction

China Eximbank provides import seller’s credit to qualified overseas borrowers to safeguard China’s imports of goods and services indispensable to the development of national economy, and to help enhance their capacity to export to China. The credit can be either in local- or foreign-currency.

Eligibility Requirements

All overseas financial institutions legally registered at the countries (regions) where they are located and having an independent legal capacity, and qualified overseas export-oriented enterprises can apply for import seller’s credit.

Application Requirements

The economic and political situation of the country where the borrower is located should be relatively stable, or the country-specific risks should be under control.

The borrower should have good record in production and operational management, financial performance and credit standing, and should have the ability to repay the loan principal and the interest accrued thereon.

The borrower should meet the Bank’s requirements for credit rating.

The borrower should open, either at the Bank or its overseas correspondent banks, a Repayment Account for repayment settlement. The account should subject to the supervision of the Bank or the overseas correspondent banks it authorizes.

Insurance should be purchased as deemed necessary by the Bank.

A repayment guarantee recognized by the Bank should be provided.

Other conditions as deemed necessary by the Bank should apply.