Home / NewsMainmenu (left column)
- Export Credit Guarantees
- Basics
- Products
- Sustainability
- Premia
- Claims
- Downloads
- Service
- Cover Policy
- IMC
External link
Content
Brief information on Kyrgyzstan
| Short-term | Cover will be granted subject to a rigorous assessment of the buyer’s/borrower’s creditworthiness, in case of doubt bank security has to be provided. In addition, cover is available for affiliated companies and companies which belong to an international group the creditworthiness of which is beyond doubt. |
|---|---|
| Medium/long-term | Cover facilities are available for transactions with private buyers. In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions. |
| Collateral | Wholeturnover and revolving cover will be granted subject to a rigorous assessment of the foreign buyer’s creditworthiness; in case of doubt bank security has to be provided. Cover of short-term business with private buyers, which was granted on the basis of informative information material without collateral, will automatically be suspended for future deliveries if payment is not received eight weeks after the agreed due date at the latest. For cover of medium and long-term transactions without bank guarantees information material as well as annual accounts drawn up according to international accounting standards and audited by a recognized auditing company required, which justify the granting of cover without any further collateral. |
| Country risk category | 7 |
No responsibility is taken for the correctness of the information provided
More detailed information on the cover policy can be found in all
articles of the AGA-Report
on Kyrgyzstan (German version only) and country information
on commercial practices, business climate, market analyses, law,
import procedures, customs duties can be found on the 
website
of Germany Trade & Invest (gtai).
The senior country advisers for Kyrgyzstan will be pleased to answer your questions
- on single transaction cover: Dr. Lars Ponterlitschek, phone: +49 (0) 40 / 88 34 - 95 80
- on revolving and wholeturnover cover: Mr Detlev Wriede, phone: +49 (0) 40 / 88 34 - 90 25
- on economic analyses: Ms Alexandra Haas, phone: +49 (0) 40 / 88 34 - 95 53