This product is designed to help Korean companies and
financial institutions participate in overseas business activities
more actively. It indemnifies the policyholders (lenders for
overseas businesses) for loan principal and interests for those
transactions exceeding two years, which benefit Korea.
financial institutions participate in overseas business activities
more actively. It indemnifies the policyholders (lenders for
overseas businesses) for loan principal and interests for those
transactions exceeding two years, which benefit Korea.
Borrowers can be foreign companies, financial institutions and governments with a Korean company (or an overseas subsidiary
of a Korean company) taking part in the project as equity investors, O&M contractors, feedstock suppliers, offtakers, etc.
of a Korean company) taking part in the project as equity investors, O&M contractors, feedstock suppliers, offtakers, etc.
Korean exporters are not eligible for this product, which instead can be covered under medium and long-term export insurance
(buyer credit). OBFI is for untied loans that are not directly tied to Korean exports.
(buyer credit). OBFI is for untied loans that are not directly tied to Korean exports.
- - Borrower:Overseas government, financial institutions or corporations
- - Beneficiary:Lender
- - Tenor:More than 2 years up to case-by-case basis
- - Risks Covered:Comprehensive risk (Political & Commercial)
- - Insurable Amount:Principal & Interest
- - Percentage of Cover:Up to 100%
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