There are no formal restrictions on cover.
Cover facilities are available on a case-by-case basis.
Cover of major transactions will be provided only if they are particularly deserving of promotion.
In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions.
For medium and long-term transactions bank security is required if the foreign buyer’s creditworthiness is inadequate.
The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.