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Caption

KS = Consensus Category (CS) maximum tenor of credit according to the OECD Arrangement of Export Credits.
Maximum duration:
1 = 5 years
2 = 10 years

Country details

Russia

Country category: 4
Consensus category: 2
Supplementary questionnaire: no
Sustainable Lending: no

Country cover practice:

 

ST

MLT

Public Sector

yes

yes

Banks

yes

yes

Private Sector

yes

yes


Sovereign and other public sector We accept the Government of Russia and its ministries, and the Central Bank of Russia.

For sovereign entities, special consideration needs to be made regarding the impacts of any privatisation program. Exporters should seek clarification whether their buyer is scheduled for privatisation over the duration of their transaction.

Bank Policy The list of approved banks is updated on a regular basis and is found on the SERV website.
Private Sector Policy Private Buyers covers corporations and any wholly or partly state-owned entity which fall under private law. This definition includes public utilities.

All requests for Private Buyer coverage will be assessed on a case by case basis.

Private Buyer coverage, without a bank guarantee, is possible in certain cases. The likelihood of a Private Buyer coverage request being successful will be higher if:
1. The buyer presents financial accounts under international accounting standards.
2. The buyer is publicly listed, either in Russia or abroad.

Special Conditions None

 

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