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Bank Guarantees

Bank Guaranty is a form of contract security, when the Bank guarantees the execution by its clients of the financial obligations owed to their counterparties. As a rule, the necessity for bank guarantees arises when counterparties are insufficiently aware of the solvency of each other and they want to limit their risks in a transaction.

Guarantees have high reliability and ensure the fulfillment of all obligations stipulated by the contract, from both parties. The bank guarantee, for today, is a well-functioning  and, which is the most important, an operating tool that helps the parties to achieve maximum confidence in each other.

The Bank issues internal and international guarantees of the following general types:



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