OTP Bank helps you to get financing
for your project by issuing letters of guarantee in order to demonstrate your capacity to reimburse the pre-financing/advance payment.
What are your advantages?
The letters of guarantee may be issued for up to 36 months, in correlation with the provisions of the financing contract;
The value granted is up to 110% of the total pre-financing/advance payment received from the contracting authority, depending on the financing programme;
We accept any guarantee or mix of guarantees approved by the Bank, including guarantees provided by FNGCIMM (National Loan Guarantee Fund for Small and Medium-sized Enterprises), FGCR (Rural Loan Guarantee Fund) or EximBank.
With OTP Bank it is easier to get European funding for your project!