1. Jack Huang Executive Vice President The Export-Import Bank of ROC
Facilitating Trade between Taiwan and Mongolia
via Taiwan Eximbank
Jack Huang Executive Vice President The Export-Import Bank of ROC
中國輸出入銀行
副總經理 黃頌斌

2. Eximbank of the Republic of China
Specialized financial institution
Owned by government
Founded in 1979

3. Eximbank of the Republic of China
Financing
Export Credit Insurance
Relending Facility
Risks
Management
economic
financial
trade
Eximbank
policies

4. Medium and Long-Term Export Credit
Eximbank of the Republic of China
Financing
Short-Term Export Credit L/C, D/P, D/A, O/A
Medium and Long-Term Export Credit

5. Medium and Long-Term Import Credit
Eximbank of the Republic of China
Financing
Medium and Long-Term Import Credit
Oversea Investment Credit

6. L/C Export Credit Insurance
Eximbank of the Republic of China
Export Credit Insurance
L/C Export Credit Insurance
D/P, D/A Export Credit Insurance
O/A Export Credit Insurance

7. Overseas Investment Insurance
Eximbank of the Republic of China
Export Credit Insurance
Medium and Long-Term Deferred
Payment Export Credit Insurance
Overseas Investment Insurance

8. Export Credit Insurance
Eximbank of the Republic of China
Export Credit Insurance
Commercial Risks
Buyer bankruptcy or insolvency
Buyer delayed payment (Protracted Default)
Buyer refusal to accept the goods
Political Risks
Cancellation of export or import licenses and permits
Non-conversion of currency or inability to transfer funds
Loss incurred by war, revolution, riot, internal unrest or rebellion in the buyer’s country or area.

9. In Support of Importation from Taiwan
Eximbank of the Republic of China
Relending Facility
In Support of Importation from Taiwan

10. Eximbank of the Republic of China
Relending Facility .
A revolving line of credit from Eximbank to a foreign bank.
The foreign bank makes a loan to their clients for purchasing goods from Taiwan exporters.
Reimbursement of funds from Eximbank to the foreign bank after delivery of goods by Taiwan exporters.
Repayment by the foreign bank to Eximbank.

11. Eximbank of the Republic of China
Relending Facility
Risk sharing scheme--
Eximbank undertakes the repayment
risk of the foreign bank
The foreign bank undertakes the
repayment risk of the importer

12. Eximbank of the Republic of China
Relending Facility
Eligible goods：
　 goods sold by Taiwan exporters.
Currency：US dollars
Percentage of Financing：
　 up to 85% -100% of the transaction
Interest Rate：
　 floating at 6-M LIBOR plus a margin

13. Eximbank of the Republic of China
Relending Facility
Tenor :
consumer goods: from 6 mo. up to 1 yr
non-consumer goods: up to 5 yrs
Repayment of Principal：
In one lump sum on the maturity date
semi-annual installments (tenor >1 yr)
Payment of Interest：
interest paid every 6 months

14. 1.application for a line of credit
Relending Bank
Eximbank
6.request for disbursement
3. application
8.repayment
7. repayment
4. issue L/C
Exporter
Importer
2. sales contract
5. negotiation
Flow Chart Ex-- L/C
Commercial
Bank

15. Foreign Banks (Relending Banks)
Eximbank of the Republic of China
Relending Facility
Benefits under Relending Facility
Taiwan Exporters
getting access to emerging markets
no extra burden on Balance Sheet
no repayment obligation after shipment
Foreign Importers
being able to obtain loans with lower interest rate
repayment of loans by installments
Foreign Banks (Relending Banks)
favorable funding source
interest income

16. Eximbank of the Republic of China
Relending Facility
BELARUS
BULGARIA
CZECH
RUSSIA
UKRAINE
INDIA
BRAZIL
INDONESIA
CHILE
ISRAEL
MONGOLIA
DOMINICAN
TURKEY
PHILIPPINES
HONDURAS
THAILAND
NICARAGUA
VIETNAM
PERU
TAIWAN
USA

17. Eximbank of the Republic of China
Relending Facility
State Bank of Mongolia
Khan Bank LLC
Golomt Bank of Mongolia
Trade & Development Bank of Mongolia
Eximbank 17

18. Thank you.