Trade - information for banks

All international commercial banks with an established record of trade finance operations with banks in the EBRD's region of operations are eligible to join the programme as confirming banks. Banks from the region that have a demonstrated capability of processing confirmations of trade finance instruments may also act as confirming banks. Issuing banks must be located in the EBRD's countries of operation. An EBRD guarantee may be requested either by the issuing bank or by the confirming bank.

At present, there are over 78 issuing banks in 20 EBRD countries of operations and about 500 confirming banks and their foreign subsidiaries throughout the world securing payment for trade-related transactions.

Revolving credit facility

In addition to providing trade finance guarantees, the EBRD also extends short-term loans to selected banks in its countries of operations. These loans are structured to fund trade-related advances to local companies exclusively for the purpose of pre-shipment finance, post-shipment finance and other financing of working capital necessary for the performance of foreign trade contracts. Credit agreements are signed between the EBRD and these selected banks. Selection criteria are similar to the criteria used for issuing banks.