Kuwait  | عربي

Import Financing

The importer (buyer), who purchases goods under a sight letter of credit or under other payment terms (e.g. open account), may need financing to meet its import payment obligation.

QNB can arrange standard and structured loan solutions to its customers to provide the required liquidity between the period of payment for the imported goods. This loan can be provided either for a defined short period (e.g. 90 days) or until the sales cycle is completed and payment is collected. Under the import financing arrangement the export proceeds are normally assigned to the bank.

Follow Us