What Is Sustainable Foreign Trade Financing?
Sustainable Foreign Trade Financing offers export- and import-oriented businesses the tools to plan and manage their operations more effectively. These financings provide our exporter and importer customers with solutions for short-term cash needs while supporting their sustainable development goals.
Sustainable Foreign Trade Financing Products
Sustainable Export Financing
Sustainable Export Financing provides exporters with financial solutions that support their environmental, social, and economic sustainability goals. This type of financing helps exporters become more competitive in international markets and manage their business processes sustainably.
Advantages of Sustainable Export Financing
- Tax Exemption: The Banking and Insurance Transactions Tax (BITT) is not applied to the use of financing, supporting economic sustainability by lowering exporters' costs. This advantage enables them to allocate resources more efficiently and invest in sustainable projects.
- Favourable Rates: Competitive dividend rates reduce exporters’ financial burdens and help them manage their finances sustainably over the long term. These rates also encourage investment in sustainable product and service development strategies.
- Flexible Access to Financing: Pre- and post-shipment financing allows exporters to better plan and manage their operations. This flexibility supports the adoption of sustainable practices at every stage of the export process, helping exporters reduce the environmental and social impact of their products.
Types of Sustainable Export Financing
- Advance Export Financing
- Definitive Export Financing
- Deferred Export Financing
- Avalised Documents against Payment
- International Supply Chain Financing
Sustainable Import Financing
Sustainable Import Financing offers importers financial solutions that support their environmental, social, and economic sustainability goals. This financing helps importers enhance their competitiveness in international markets while managing their operations sustainably.
Advantages of Sustainable Import Financing
- Favourable Rates: Competitive profit share rates reduce the financial burden on importers and support long-term financial sustainability. These favorable rates also enable investment in sustainable product and service development strategies.
- Flexible Access to Financing: Easy access to financing throughout the import process helps importers plan and manage their operations more effectively. This flexibility supports the adoption of sustainable practices at every stage, enabling importers to reduce the environmental and social impact of their products.
Types of Sustainable Import Financing
- Advance Import Financing
- Cash against Drafts Financing
- Cash against Goods Financing