Punjab National Bank, DIFC branch can offer the following credit facilities to Corporates falling under the Professional Client criteria, as defined by DFSA.
Trade Finance
Various Trade Finance facilities can be availed which includes Non-Fund & Fund based limits for Letter of Credit, Bank Guarantees, Trust Receipts, Demand Loans etc.
Term Loan:
Branch can provide Term Loan facilities to corporates through bilateral arrangement to facilitate following credit requirements:
- Purchase of Capital Goods e.g. Plant & Machinery.
- External Commercial Borrowing (ECB) for low cost Foreign Currency requirements for new projects or expansion.
- Requirement of Working Capital.
Syndication:
Branch also participates in primary market & secondary market for Syndication of Corporate Loans of Indian & overseas Corporates.
Buyer’s credit
Buyer’s Credit facility can also be availed through branch on competitive rates linked with RFRs subject to prevailing DFSA / RBI & Bank’s guidelines.
Non-Fund Based Facilities:
Branch provides Non-Fund based Facilities like Bank Guarantee, Letter of Credit, etc.