Guarantees and Standby Letters of Credit
Guarantees (bonds) and standby letters of credit are very important to imply trust in business undertaking such as construction, delivery of goods, payments and services. This trust is imperative for a business to capitalize on opportunities and win business contracts. With a proven track record in the domestic business arena, Nabil Bank offers the best guarantee service for you to participate in business contract and go further.
Equally with our worldwide network of renowned correspondent banks, we can arrange to meet your need for guarantees and standby letters of credit requirement in abroad at competitive rates.
Special Features and Benefits
Beneficial to Importers, Exporters, Domestic Traders, Architectural and Construction companies, Suppliers to Government agencies, Service Vendors, Corporate businesses, & Non-Government Organizations
Leverage your business operations by winning large contracts
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Available as a standalone facility or an integrated mix under project loans or working capital loans.
Available against deposits or cash without extended credit appraisal process
Competitive margins and charges
Services
- Bid bonds
- Performance bonds
- Advance Payment Guarantees
- Standby Letter of Credit
- Shipping Indemnities
- Counter Guarantees