Guarantee and Aval

Guarantee and Aval

Aval
A service for guaranteeing the payment of financial instruments such as bills of exchange, promissory notes or cheques according to the terms of the said instruments.

Credit certification/ Financial certification
This is a service to certify financial information relating to corporate customers available at the Bank to serve as their business information according to the requirement of public or private institutions.

Letters of guarantee
Guarantee services are guaranteeing your credit towards public and private sectors and creditworthiness in dealing business with public as well as private organizations by issuing guarantee or aval (acceptance). The types of such letters of guarantee are as follows:
  • Bidding Submission Guarantee
  • Tax Guarantee
  • Performance Band Guarantee
  • Public Utilities Guarantee
  • Advance Payment Guarantee
  • Merchandise Purchasing  Guarantee
  • Retention Bond Guarantee
  • Other  guarantees

 

Credit Facilities

Plan your money

The earlier you start saving and investing, the wealthier you will be.