Global credit line

corporate entities which do business in the Slovak Republic
the Global credit line in foreign currency is intended for clients who have sufficient collection in foreign currency in an account held in the bank

provided subject to conclusion of a Framework agreement on provision of financial services (FA)
on the basis of the FA, it is possible to draw on one or more types of products, which are included in this
you can gain the following via the Global credit line
- certain types of business loans
  - an overdraft in a current account
  - a short-term loan with the due date for individual drawing transactions on the basis of client requirements, i.e. usually from one to three months
  - a short-term loan on the financial market with the due date for individual drawing transactions on the basis of client requirements, i.e. usually from one to three months
  - a revolving loan for financing current assets
  - a discount loan
certain types of Trade Finance products
- short-term, medium-term or long-term bank guarantees
- documentary letters of credit and Standby letters of credit

Flexibility – flexible use of the agreed limits according to the client’s current requirements
Speed of the process – provision of products within 2 banking days after acceptance of the request for drawing delivered by the client to the bank
Stability – a stable credit framework is agreed between the bank and the client, allowing for continuous resolution of the client’s current financing requirements
Variability – possibility of drawing on several types of products on the basis of one contract

draw on the pertinent product provided that the total level of drawing does not exceed the pertinent limit or sublimit as stipulated in the FA
draw on the pertinent product in various currencies

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10/15/2010 - Weekly news from financial markets in Slovakia and Czech Republic
10/8/2010 - Weekly news from financial markets in Slovakia and Czech Republic