Financing

Overdraft Facility to cover short- term working capital financing needs. The overdraft limit is provided to current accounts in local or key foreign currencies. The facility is used flexibly with a possibility of daily draw- downs and/or repayments up to the total limit available. A common maturity is one year with an option for further prolongation.

Short Term Loan/ Short- Term Advances are used for financing of short term and medium term working capital requirements in the local currency as well as key foreign currencies. There may be a single draw- down or multiple draw downs (non revolving or revolving) allowed for different interest periods (Advances). The terms of draw – down and repayment and the interest rate periods are agreed in advance.

Credit Line can be used to finance working capital needs as a combination of an overdraft facility and the short- term advances.

Multi-purpose Line – a versatile facility combining an overdraft and short-term advances with other products such as Letters of Credit and bank guarantees. The Multi-purpose line is available in the local or key foreign currencies and is used to finance working capital needs.

Investmement loan for commercial clients - financing of mid- and longterm financial needs (properties, technology, etc.).

Syndicated lending, structured and project financing are primarily used for large investment transactions with medium- term or long- term maturities and are aimed at Top – Tier Corporations. The financing terms and conditions are agreed individually.

Received Bank Guarantees.

Česká spořitelna offers a short- term and medium- term, exceptionally long- term financing of local or exporters accounts receivables (A/R) with deferred maturity.

Trade Financing is financing of manufacturing and subsequent accounts receivables (A/R) based on an already existing trade agreement.

Česká spořitelna offers forfeiting as an effective method of export and domestic receivables financing.

Assignment of receivable under Letter of Credit (L/C) is a financing solution for exporters. The bank forfeits a receivable under an deferred- payment L/C without recourse to the assignor (L/C beneficiary).

A pre- export loan is offered to finance export production.

Export financing products are designed to support export activities in unstable regions.

Česká spořitelna offers individual solution of financing local and export agreements by using wide range of its products together with governmental or foreign subsidies.