NBG issues at your request Letters of Guarantee and undertakes to ensure fulfilment of your financial or other contractual obligations.
Depending on the nature of risk undertaken, Letters of Guarantee are classified under two major categories:
a) Those of formal content, i.e. A category (e.g. participation in tenders), and
b) Those of material content, including B category (e.g. good performance) and C category (e.g. payment of various obligations).
- Active participation in cross-border Trade Facility Programs
a) European Investment Bank (EIB)
b) European Bank for Reconstruction and Development (EBRD)
c) International Finance Corporation (IFC)
- Ensuring your access to foreign markets and participation in international competitions - only by NBG.