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LIQUIDITY

ENGINEERING

BANKS, FINANCIAL INSTITUTIONS

Insurance for commercial risks arising from insolvency.

Financing of purchasing invoices on long-term basis.

TYPE OF INSURANCE:

OBJECT OF COVER:

INSURED RISK:

INSURED EVENT:

POLICYHOLDER:

BENEFICIARY OF COVER:

PERIOD OF INSURANCE:

INSURED VALUE:

MAXIMUM INSURED VALUES:

RISK ASSESSMENT:

CALCULATION OF PREMIUM:

COVER BASEL 3 COMPLIANCE:

ADVANTAGES:

 

 

 

 

 

 

 

NOTES:

Reverse trade credit or insurance guarantee.

Financing of long-term invoices on purchases (1).

Insolvency.

Failure to repay loan by customer.

Bank/Financial Institution (2).

Bank/Financial Institution (2).

Contractual duration of underlying commercial operation (1).

90% (3)(4).

  • On single contract: up to € 150 million (5).

  • Minimum premium: € 25.000.

The risk assessment is performed by the insurance company.

The calculation of premium occurs based on risk parameters relevant to the underlying contract, the borrower, the suppliers and with reference to the applicable industry sector.

The policy is applicable as alternative to the mandatory fractional reserve requirement imposed by the Basel 3 Protocol (6).

For the Bank/Financial Institution:

  • Management of insolvency risk;

  • Reduction of fractional reserve by Basel 3 protocol;

  • Flexibility in the engineering of the financing operation;

  • Additional margin on financing;

  • Marketing, market positioning.

For the funded client:

  • Better management of purchases;

  • Flexibility in the engineering of purchasing contracts;

  • Increased liquidity;

  • Reduced cost of financing;

For the supplier of funded client:

  • Flexibility in the engineering of sales contracts.

  1. Max. 84 months. Special program for “Blue Chip” clients up to 20 years also for project financing.

  2. Factoring, Leasing, Financial companies, Investment Funds, etc.

  3. Possibility of collaterals.

  4. Special program for “Blue Chip” customers: 50%.

  5. Special program for “Blue Chip” customers: up to € 50 million, max. 20 years run time.

  6. May vary in relationship to the single financial institution and the Central Bank of reference.

The economic values and technical conditions indicated, the description of the covers and the policy details are purely indicative and non-binding. The insurance company and the subscription agency reserve the right to assess and decide on the assumption of risks and the emission of policies.

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