2. Financing Czech projects in South Korea
Czech Export Bank
Key Partner of Czech Exporters
and Their Customers Abroad

3. Czech government´s export promotion scheme
Czech Export Bank
State-owned bank financing officially supported export credits
EGAP
State-owned insurance company covering export credits risks, political and commercial risks uninsurable by a commercial insurance
Czech Trade
Provides export assistance and consulting, individual counseling, export education
Ministry of Industry and Trade
Defends trade interests of the Czech Republic within the EU, WTO, OECD
Ministry of Foreign Affairs of the Czech Republic
Frames and coordinate the foreign policy of the Czech Republic in the area of external economic relations including development cooperation and humanitarian aid

4. Czech Export Bank as a specialized banking institution
Since 1995 one of the pillars of national export policy
100% government-owned
Integral part of the Czech Republic‘s banking system, fully subject to standard banking regulations
Supplementing local commercial banks‘ services in deals with higher risk, longer tenors and larger volumes of financing
Operating in line with the rules of the WTO, OECD and EU
Rating mirrors of the Czech Republic: Moody’s A S&P AA-

5. CEB in 2014
Bank's total assets at the end of 2014 amounted up to USD 4.08 billion (CZK 98.02 billion ), year-to-year increase by about 3%
CEB signed 29 new contracts in the amount of USD 247 million (CZK 5.93  billion) and 26 amendments and waivers to previously signed contracts in the amount of USD 172 million (CZK 4.12 billion); total amount thus reached USD 419 million (CZK billion )
Loans were disbursed in the amount of USD 630 million (CZK 15.1 billion)
The largest contract signed in 2014 was the construction of Units 3 and 4 of Mochovce nuclear power plant

6. CEB´s results
Total volume of supported export
USD billion (CZK 378 billion)
Total number of concluded deals
1 287

7. CEB in the world

8. CEB´s main product portfolio
Borrower
Product
CZECH EXPORTER
Financing of production for export
Financing of market research
Supplier's credit
Guarantees
Purchase of export receivables
CZECH INVESTOR
Financing of investments abroad
FOREIGN IMPORTER
Buyer's credit
EXPORTER´S BANK
Refinancing of supplier's or buyer's credit
IMPORTER´S BANK
Refinancing of buyer's credit

9. CEB’s product portfolio by types of product
As of 31 Dec 2014
(Total value CZK 86.1 billion)

10. CEB’s product portfolio by countries
As of 31 Dec 2014
(Total value CZK 86.1 billion)

11. CEB’s product portfolio by sectors
As of 31 Dec 2014
(Total value CZK 86.1 billion)

12. CEB´s financing solutions for Czech projects in South Korea
CEB is ready to provide assistance to Czech exporters and Korean partners finding the most suitable financing solutions for their projects involving Czech technologies.
Credits can be granted in a convertible currency EUR or USD.
Examples of recommended financing structures provided by CEB:
Indirect buyer´s credit through a leading public or private Korean bank
Direct buyer´s credit secured by a guarantee issued by a respectable guarantor, e.g. a governmental agency, a leading bank, etc.
Financing investments abroad
Forfaiting under deferred payment of L/Cs
Turn-key project financing
Bank guarantees covering Czech exporters´ obligations

13. Financing conditions highlights (buyer‘s credit)
Financial terms and conditions in compliance with the OECD Consensus (exceptions possible – e.g. delivery of defense military goods)
At least 50% of the deliveries exported pursuant to the export contract must be of Czech origin
Credit amount up to 85% of the contract value
Financing of local costs up to 30% of the export contract value*
Advance payment min. 15% of the contract value
Credit insurance of EGAP
*The total amount to be paid by or on behalf of the buyer for goods and/or services exported excluding local costs.

14. Cooperation with Korean banks
Examples of some outstanding Korean banks:
Woori Bank, Seoul
KB Kookmin Bank, Seoul
Korea Development Bank, Seoul
Industrial Bank of Korea, Seoul
Export-Import Bank of Korea, Seoul
However, CEB is ready to consider co-operation with any other bank, depending on the outcome of CEB´s internal risk assessment, and on potential collateralisation.

15. Key features of CEB´s strategy
Supporting Czech exporters in the role of final suppliers
Increasing the number of supported exporters
Promoting Czech investment activities abroad
Territorial diversification
Minimizing the „burden“ on the state budget
New tools of export financing and flexibility
Ensuring financial stability of the bank and minimizing risks
Expanding the investor base

16. Thank you for your kind attention Export Finance Corporate & SME
Igor Ovcacik
Managing Director
Export Finance Corporate & SME
Czech Export Bank
Prague 1, Vodickova 34
Czech Republic