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LIQUIDITY

ENGINEERING

Rating enhancement program

for banks through insurance fronting

Banks support clients with financial products like letters of credit, payment warranties and other instruments for payment certification of commercial contracts.

These contracts, when involving international business or large corporates or significant values often impose by suppliers the use of banks with a minimum rating.

It happens frequently that banks are downgraded in rating and loose subsequently the minimum rating profile needed for being acceptable as emitting entity of these financial products.

The downgraded banks looses the business and the customers are needing to locate and involve a new bank as warranting and supporting entity. Easybond® rating booster offers to either banks or affected clients to use insurance fronting, performed by prime insurance companies enjoying adequate rating, to enhance and leverage the bank’s risk and rating profile, in order to reach again minimum required operational rating level.

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.

Swissdacs GmbH (Schweiz)               

Weissbadstrasse 1

Appenzell 9050, Switzerland

Tel. +41 71 5349843,  +41 78 8505480

Swissdacs GmbH (Österreich)

Bonigstrasse 11,

6973 Höchst, Austria

Tel. +43 660 6865680   

Swissdacs GmbH (U.K.)

4-5 Lovat Lane

EC3R 9DT London, U.K.

+41 78 8505480

   

Switzerland FINMA, Reg. nr. 29880

Austria BMWFW Reg. 803, G.Reg.Nr. 20778

European Passport Rights in all countries of the European Community

Swissdacs GmbH, all rights reserved. Easybond® and Riskdacs® are registered European trade marks of Swissdacs GmbH.

The use of content, articles and information contained in this web site is not permitted unless specifically authorized in writing.

Swissdacs GmbH (Switzerland) is registered as Insurance Broker at the Swiss Financial Market Supervisory Authority FINMA, Reg. nr. 29880

Swissdacs GmbH (Austria) is registered as Insurance Broker at the Österreichisches Bundesministerium für Wissenschaft, Forschung und Wirtschaft, Reg. 803, Gew.Reg.Nr. 20778

Swissdacs GmbH (Austria) is registered under European Passport Rights Regulation as Insurance Broker in all countries of the European Community

Swissdacs GmbH (U.K.) is registered in U.K. as branch of Swissdacs GmbH (Austria)

Copyright Swissdacs GmbH 2019