Trade finance. Credit line from LandesBank Berlin, Germany

July 04, 2012 -

was

JSC

signed the

“ZLATOBANK”

Basic Agreement between concerning the finance of

LandesBank

of export-credit agency - Euler Hermes Deutschland, Germany.

Berlin, Germany

and German’s export to Ukraine under insurance cover According to the conditions of the Basic Agreement LandesBank Berlin, Germany finances the export of goods from Germany to Ukraine under insurance cover of export-credit agency Euler Hermes Deutschland.

Finance under line is executed in a form of goods for credit without getting the money directly to with JSC “ZLATOBANK”.

importer’s account held 

Sum of credit :

   

The main terms and conditions of credit line of LandesBank Berlin:

Currency of credit: Credit term:



Repayment condition:



Interest: Commissions under credit: Exporter:



Importer:



Goods:

- min. EUR 250 000,00; max. EUR 5 000 000,00, but not more than 85% from the total sum of contract; - EUR/USD; - up to 5 years; - in 10 (ten) equal semi-annual installments; - six-month EURIBOR + margin of bank (*); - commission for obligations (*); - commission for a management a credit(*); - company - resident of Germany/European Union; - company - resident of Ukraine; - any industrial products sourcing from Germany (100%) or making the productions of Germany not less than 60%; 

Payment conditions under contract:

- prepayment in a sum not less than 15% from the sum of contract; - issuance of letter of credit in favour of Exporter 

Insurance premium of Euler Hermes Deutschland:

- included in the total sum of contract (*).

(*) depends on the particular terms and conditions of the contract

PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine 2

Trade finance. Credit line from LandesBank Berlin, Germany

Preconditions of the credit, to be executed by the sides:

       issuing the mandate by LandesBank Berlin concerning the conditions of the finance; conclusion of individual credit agreement (ICA) between LandesBank Berlin and JSC “ZLATOBANK”; obtaining the Legal opinion under ICA; getting insurance cover from Euler Hermes Deutschland; registration of Individual credit agreement by the National bank of Ukraine; issuance of letter of credit by JSC “ZLATOBANK” in behalf on Exporter; getting the confirmation about the start point of crediting process from LandesBank Berlin.

PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine 3

Chart of financing under Credit line from LandesBank Berlin, Germany

6.

Euler Hermes Deutschland, Germany (*) LandesBank Berlin, Germany 2.1.

JSC «ZLATOBANK» Kiev, Ukraine 3.

NBU 2.2.

5.

10.

11.

7.

8.

9.

Exporter (company - resident of Germany/European Union) 1.

4.

Importer (company - resident of Ukraine)

1. Signing of the contract (purchase and sales contract) between Exporter and Importer; 2. Signing of: 2.1. individual agreement (IA) between JSC 2.2. credit agreement between JSC “ZLATOBANK” and LandesBank Berlin; “ZLATOBANK” and Importer; 3. Registration of IA in NBU; 4. Advance payment in amount of 15% from the total sum of contract (purchase and sales contract); 5. Application for issuance of L/C from Importer; 6. Issuance of L/C by JSC “ZLATOBANK”; 7. Advising L/C to Exporter; 8. Presentation of the documents under L/C by Exporter to LandesBank Berlin; 9. Payment under LC in favour of Exporter; 10. Providing the credit to Importer; 11. Repayment by Importer + % (in ten equal semi-annual payments)

.

(* ) Issuance of insurance cover by Euler Hermes Deutschland;

PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine 4

Contact information

ZLATOBANK

your personal bank

Tel.:

+38 044 495 81 60 +38 044 495 81 61

Address

: 17/52 B. Khmelnytskogo Str, Kyiv, 01030, Ukraine

E-mail:

[email protected]

www.zbank.com.ua

PUBLIC JOINT STOCK COMPANY «ZLATOBANK» , Kyiv, Ukraine 5