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Country Risk Category

Ukraine

Cover Policy – Export Credit Guarantees

Short-term Business

There are no formal restrictions on cover.

Medium/long-term Business

over facilities are available under a ceiling of EUR 250 million with a limit on the size of the individual transaction of EUR 25 million.
Transactions with higher contract values are eligible for cover if they are particularly deserving of promotion.
Transactions which are financed with a tied buyer loan are not booked against the ceiling until the loan agreement is also concluded (first come, first served basis).
In addition, cover is available for short-term transactions, project financed and other structured finance deals, where necessary based on countertrade transactions.

Collateral

In the absence of a state or bank guarantee for medium and long-term transactions with private buyers audited annual accounts drawn up according to international accounting standards are required, which justify the granting of cover without any other collateral.
For short-term transactions the assessment of the buyer's creditworthiness may be based on other informative documents. Banks continue to be accepted as guarantor or borrower on a case-by-case basis; some banks have been generally accepted on the strength of their good credit rating.

  • List of Banks:
    Accepted as guarantor or borrower under the maximum exposure limit for short-term business and credit transactions:
    • First Ukrainian International Bank (FUIB)
    • PJSC CB Privatbank
    • State Export-Import Bank of Ukraine (Ukreximbank)

Further Information

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, www.gtai.de).

Suspension of cover for Russia and Belarus

See news items and find additional information:

Contact

Karina Lasch

Wholeturnover Cover (Revolving Cover)

Michael Geske

Single Transaction Cover

Ralf Tange

Economic Analyses

Cover Policy – Untied Loan Guarantees

There do not exist any restrictive country cover policy decisions for Untied Loan Guarantees. However, when deciding on cover of raw material projects, the Federal Government always takes the current situation in the host country into account. If you have any queries, please do not hesitate to contact our experts.

Contact

Hannes Hagel

Untied Loan Guarantees

Julian Greiwe

Untied Loan Guarantees

No responsibility is taken for the correctness of the information provided.

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