HBOR Collaterals
Programme for Issuing Bank Guarantees at the Request of Exporters 1. Beneficiaries of Bank Guarantees Legal entities abroad inviting international tenders and/or intending to enter (or having already entered) into a contract on the purchase of goods, works or services. If a bank guarantee (hereinafter: bank guarantee) is issued in co-operation...
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Issuance of performance-related bank guarantees to domestic entrepreneurs for the purpose of participating in tenders and entering contracts for the supply of goods, works and services in the domestic market.
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From the funds of the National Recovery and Resilience Plan (NRRP), HBOR, for and on behalf of the Republic of Croatia, implements the Financial Instrument of Guarantee Fund for Loans to Mid-Caps and Large Enterprises within the framework and on the terms and conditions of this programme. The objective of the Financial Instrument is to facilitate
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A Documentary Letter of Credit is a bank’s international payment instrument by means of which a certain amount of money is made available to a Beneficiary (Seller) by an Applicant (Buyer) through a Bank that becomes payable after certain terms have been met. Documentary Letter of Credit: Applicant (Buyer) - goods/services at disposal as...
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