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Export financing with risk insurance

Export financing with risk insurance

The export financing with risk insurance is provided to clients of the Bank for purchase of primary and raw materials (imported or of local origin) to be used for production of goods for export, as well as for purchase of goods for export. Financing is provided in the form of working capital loans with repayment instalments or of credit lines. This product aims to promote the export potential of companies in conditions of credit risk, insured by the Bulgarian Export Financing Agency (BAEZ).


Eligible to borrow are legal entities or sole proprietors, which have a business history of at least 12 months.

  • Competitive interest rate levels;
  • The financing amount is determined depending on the company’s needs;
  • Preferential interest rates for clients, who have repaid on schedule at least one loan from
  • International Asset Bank AD;
  • Option to negotiate a grace period;
  • Option for free installation of POS devices at the company’s trading outlets;
  • Free activation of the Internet banking service - Asset Online;
  • Opening of card accounts for the company’s employees, with an automatic transfer of their remunerations and an overdraft option, as well as with preferences in regard to package services.
  • Loan amount – as agreed, depending on the company’s needs;
  • Currency: BGN, EUR, USD;
  • Repayment term – up to 36 months;
  • Co-financing – as agreed;
  • Repayment mode:
    - for working capital loans – in monthly repayment instalments of principal and interest and grace period of up to 3 months; 
    - for credit lines – by reduction of the credit ceiling (amount for absorption and repayment within the limit authorised) for the last months of the loan repayment schedule;
  • Collateral:
    - insurance policy issued by approved by the Bank's insuarance company, covering relevant commercial and/or non-commercial risks;
    - assets of the company or of third obligated parties;
    - pledge over future receivables under export contracts.

Annual interest rate:

RIR/EURIBOR/LIBOR + a fixed margin as agreed.


Fees and commissions

As specified in Terms and Conditions of Interest Rates, Fees and Commissions Applied to Legal Entities’ Transactions.

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