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Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia-Herzegovina
Botswana
Brazil
Brunei
Bulgaria
Burkina Faso
Burma
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Colombia
Comoros
Congo
Congo, Democratic Rep.
Cook Islands
Costa Rica
Cote d`Ivoire
Croatia
Cuba
Curacao
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Fiji
Finland
France
French Polynesia
Gabon
Gambia
Georgia
Germany
Ghana
Greece
Grenada
Guatemala
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Isle of Man
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kosovo
Korea, North
Korea, South
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macau
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Namibia
Nauru
Nepal
Netherlands
New Zealand
Nicaragua
Niger
Nigeria
Norway
Oman
Pakistan
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Russia
Rwanda
St. Kitts and Nevis
St. Lucia
St. Vincent and Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Sint Maarten
Slovak Republic
Slovenia
Solomon Islands
Somalia
South Africa
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Vietnam
Virgin Islands (British)
Yemen
Zambia
Zimbabwe

Effective Date of this Endorsement: 12:01 A.M. E.T., October 16, 2018 CLS-10/18

Download Current CLS (PDF) | Memorandum of Changes (PDF), October 16, 2018

Past Country Limitation Schedules | Facts about EXIM Bank's limited operations in Burma

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All

Filter countries by levels of support and/or by applicable notes ( See all notes).Apply Filter

A

Afghanistan

Notes: 10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Albania

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Algeria

Notes: 1,4Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Andorra

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Angola

Notes: 1,3,4,5,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Anguilla

Notes: 1Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Antigua and Barbuda

Notes: 1,4,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Argentina

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Armenia

Notes: 1,3,4Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Aruba

Notes: 9Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Australia

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Austria

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Azerbaijan

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

B

Bahamas

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Bahrain

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Bangladesh

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Barbados

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Belarus

Notes: 1,3,4,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Belgium

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Belize

Notes: 5,6a,13,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Benin

Notes: 1,3,5,10,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Bermuda

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Bhutan

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Bolivia

Notes: 7Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Bosnia-Herzegovina

Notes: 1,4,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Botswana

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Brazil

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Brunei

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Bulgaria

Notes: 3,5,6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Burkina Faso

Notes: 1,3,5,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Burma

Notes: 1,3,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Burundi

Notes: 1,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

C

Cambodia

Notes: 1,4,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Cameroon

Notes: 1,3,4,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Canada

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Cape Verde

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Cayman Islands

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Central African Republic

Notes: 1,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Chad

Notes: 1,3,5,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Chile

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

China

Notes: 2Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Colombia

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Comoros

Notes: 1,3,5,10,13,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Congo

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Congo, Democratic Rep.

Notes: 1,3,4,5,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Cook Islands

Notes: 1,4Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Costa Rica

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Cote d`Ivoire

Notes: 1,5,10,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Croatia

Notes: 3,5,6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Cuba

Notes: 7Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Curacao

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Cyprus

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Czech Republic

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

D

Denmark

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Djibouti

Notes: 11a,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Dominica

Notes: 1,3,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Dominican Republic

Notes: 3,5,6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

E

Ecuador

Notes: 5,6a,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Egypt

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

El Salvador

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Equatorial Guinea

Notes: 1,3,4,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Eritrea

Notes: 13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Estonia

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Ethiopia

Notes: 1,3,4,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

F

Fiji

Notes: 1,4Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Finland

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

France

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

French Polynesia

Notes: 3,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

G

Gabon

Notes: 3,5,6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Gambia

Notes: 1,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Georgia

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Germany

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Ghana

Notes: 1,3,4,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Greece

Notes: 13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Grenada

Notes: 1,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Guatemala

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Guinea

Notes: 5,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Guinea-Bissau

Notes: 1,3,5,10,13,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Guyana

Notes: 1,3,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

H

Haiti

Notes: 10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Honduras

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Hong Kong

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Hungary

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

I

Iceland

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

India

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Indonesia

Notes: 4,5,6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Iran

Notes: 7Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Iraq

Notes: 1,3,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Ireland

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Israel

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Isle of Man

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Italy

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

J

Jamaica

Notes: 5,6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Japan

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Jordan

Notes: 6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

K

Kazakhstan

Notes: 1,3,5,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Kenya

Notes: 1,3,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Kiribati

Notes: 1,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Kosovo

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Korea, North

Notes: 7Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Korea, South

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Kuwait

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Kyrgyzstan

Notes: 1,3,4,5,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

L

Laos

Notes: 1,3,5,13,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Latvia

Notes: 6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Lebanon

Notes: 1,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Lesotho

Notes: 3,5,6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Liberia

Notes: 1,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Libya

Notes: 13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Liechtenstein

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Lithuania

Notes: 6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Luxembourg

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

M

Macau

Notes: 1Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Macedonia

Notes: 1,3,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Madagascar

Notes: 1,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Malawi

Notes: 1,4,5,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Malaysia

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Maldives

Notes: 1,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Mali

Notes: 10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Malta

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Marshall Islands

Notes: 1,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Mauritania

Notes: 1,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Mauritius

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Mexico

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Micronesia

Notes: 1,3,5,10,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Moldova

Notes: 1,3,4,5,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Monaco

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Mongolia

Notes: 1,4Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Montenegro

Notes: 1,3,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Montserrat

Notes: 1Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Morocco

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Mozambique

Notes: 1,10,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

N

Namibia

Notes: 1Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Nauru

Notes: 13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Nepal

Notes: 1,4,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Netherlands

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

New Zealand

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Nicaragua

Notes: 1,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Niger

Notes: 1,3,4,5,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Nigeria

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Norway

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

O

Oman

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

P

Pakistan

Notes: 1,3,4,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Palau

Notes: 1,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Panama

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Papua New Guinea

Notes: 1Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Paraguay

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Peru

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Philippines

Notes: 4,6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Poland

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Portugal

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Q

Qatar

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

R

Romania

Notes: 6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Russia

Notes: 1,12a,12bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Rwanda

Notes: 1,4,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

S

St. Kitts and Nevis

Notes: 1Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

St. Lucia

Notes: 1,3,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

St. Vincent and Grenadines

Notes: 1,3,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Samoa

Notes: 1,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

San Marino

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Sao Tome and Principe

Notes: 1,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Saudi Arabia

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Senegal

Notes: 1,3,4,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Serbia

Notes: 1Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Seychelles

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Sierra Leone

Notes: 1,10,11a,11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Singapore

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Sint Maarten

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Slovak Republic

Notes: 6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Slovenia

Notes: 6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Solomon Islands

Notes: 1,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Somalia

Notes: 13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

South Africa

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

South Sudan

Notes: 10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Spain

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Sri Lanka

Notes: 1,5,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Sudan

Notes: 13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Suriname

Notes: 3,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Swaziland

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Sweden

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Switzerland

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Syria

Notes: 7Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

T

Taiwan

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Tajikistan

Notes: 10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Tanzania

Notes: 1,3,4,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Thailand

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Timor Leste

Notes: 1,3,5,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Togo

Notes: 1,3,4,5,10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYN
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Tonga

Notes: 1,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Trinidad and Tobago

Notes: 6aUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Tunisia

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Turkey

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Turkmenistan

Notes: 1,3,5,13,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Turks and Caicos

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Tuvalu

Notes: 1,3,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

U

Uganda

Notes: 1,3,4,5,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Ukraine

Notes: 1,4,5,12a,12b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

United Arab Emirates

Notes: 8Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

United Kingdom

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Uruguay

Notes: 6bUp to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Uzbekistan

Notes: 1,3,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

V

Vanuatu

Notes: 1,10Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Vatican City

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Venezuela

Notes: 13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Vietnam

Notes: 1,4,5Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Virgin Islands (British)

Notes: Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Y

Yemen

Notes: 10,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorNNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Z

Zambia

Notes: 1,3,5,14Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorYYY
Private SectorYYY
Y = Yes, support is available for this country.
N = No, support is not available for this country.

Zimbabwe

Notes: 11b,13Up to 1 Year1 to 7 YearsOver 7 Years
Public SectorNNN
Private SectorYNN
Y = Yes, support is available for this country.
N = No, support is not available for this country.

* Total Term is from the date of authorization until final repayment - Effective October 16, 2018.

The following insurance policies are affected by this country limitation schedule. Please note that Short-Term Insurance Policies are governed by the columns titled "Up to one year":

Short-Term Insurance Policies: EBD, ELC, ENB, ENV, ESC, ESM(ST), ESS, ETM(ST), EUS, FB, FB-E, FV, ESP, ESSP, FP, MCP(ST).

Medium-Term: All medium-term and lease-policy types, ESM, ETM, MCP, MRP, MSC, MSC-E, MTR, MTR-E.


It is agreed that pursuant to the provisions of EXIM Bank loans and guarantees and EXIM Bank export credit insurance policies, the country limitation schedule has been amended effective October 16, 2018. This revision supersedes the July 6, 2018 Country Limitation Schedule and any amendments thereto.

Please note that EXIM Bank only sends updates to the Country Limitation Schedule via e-mail. Policyholders must register at https://public.govdelivery.com/accounts/USEXIM/subscriber/new, to receive updates to the CLS via e-mail along with other EXIM Bank publications such as the Exporter and Africa newsletters.

GENERAL CONDITIONS

Exceptions to any condition or limitation contained herein must be obtained in writing from EXIM Bank.

EXIM Bank reserves the right to set additional conditions for any particular buyer or issuing bank including the right to set a different percentage of coverage. EXIM Bank also reserves the right to reject any particular application.

The sector where the risk lies (public or private) and the country of the obligor, or guarantor if there is one, will generally be used for determining appropriate country limitations and fees.


INFORMATION SUPPLEMENT ON
MEDIUM- AND LONG-TERM PROGRAMS

"Open for Cover" versus "Off-Cover." The attached Country Limitation Schedule indicates where EXIM Bank is "open for cover" and where EXIM Bank is "off-cover." The Schedule is organized along three dimensions: the country where the risk lies, sector (public sector or private sector), and term of total exposure (including both disbursement period and repayment term). EXIM Bank defines "public sector" as including those obligors or guarantors which are at least 50% owned, directly or indirectly, by the government. Where the CLS presents an X mark, EXIM Bank is "off-cover," and is therefore not willing to consider approval of routine transactions. These "off-cover" determinations are due to economic and/or political risks associated with the country.

Where EXIM Bank is Open for Cover. The "open for cover" designation refers to the possibility, rather than the certainty, of EXIM Bank support in particular cases. Proposed obligors, guarantors, and transaction structures under medium- and long-term programs are all subject to case-by-case EXIM Bank approval. Approval depends on the case-by-case application of EXIM Bank policies, particularly the EXIM Bank's determination of reasonable assurance of repayment. The following paragraphs provide very general guidance to the application of policies in markets where EXIM Bank is on-cover.

  • Identification of Obligor or Guarantor. EXIM Bank will approve a final commitment, a preliminary commitment (PC), or a medium-term insurance policy or commitment (MTIP or MTIC), only if a specific obligor or guarantor has been identified. EXIM Bank may approve an indicative letter of interest (LI) for a proposed transaction, subject to the condition that an obligor or guarantor is identified at the time the LI is converted to a final commitment, PC, MTIP, or MTIC; and EXIM Bank can accept the credit risk of the proposed obligor or guarantor.
  • Information Requirements regarding Obligors or Guarantors. EXIM Bank requires that obligors or guarantors offer "reasonable assurance of repayment." To process applications for final commitments, PCs, MTIPs, and MTICs, EXIM Bank will first require information on proposed obligors and guarantors. Such information includes financial statements and credit references. Engineering data is required for long-term transactions. Generally, EXIM Bank will require more detailed information regarding obligors or guarantors when processing relatively large transactions, or transactions with obligors or guarantors with which EXIM Bank has had no favorable direct credit experience. EXIM Bank`s application form and program literature specify the Bank`s standard information requirements.
  • Sovereign Guarantees for Public Sector Buyers or Obligors. For cases involving proposed public sector buyers or obligors which do not have significant independent sources of revenue outside the central government budget and which do not have independently audited financial statements, EXIM Bank will routinely require a sovereign guarantee.
  • Prior Evidence of Host Government Willingness to Provide Sovereign Guarantee in Some Countries. In some countries, EXIM Bank requires applications for a final commitment for a medium- or long-term loan or guarantee, or for medium-term insurance, to be accompanied by prior evidence of the host government`s willingness to provide a sovereign guarantee.
  • Temporary Suspension of Cover. In countries where the CLS indicates that EXIM Bank is "open for cover," EXIM Bank may, under certain circumstances, temporarily suspend cover. This is most likely to be the case for public sector obligors and guarantors only, but may involve all obligors and guarantors. In such an event, EXIM Bank will advise applicants as quickly as possible.
  • Large Transactions in Smaller Markets. Relatively large transactions in smaller economies, even when sovereign guaranteed, will be subject to special EXIM Bank review. EXIM Bank will review the potential macroeconomic impacts of the transaction, in terms of higher debt burden and debt repayment capacity.
  • Private Companies. EXIM Bank will accept the direct credit risks of private buyers, if available information suggests that these buyers offer a "reasonable assurance of repayment." For closely held companies, EXIM Bank may require financial information from owners. For holding companies, EXIM Bank may require financial information on operating components, and may require their counter-guarantee.
  • Commercial Bank Guarantees. EXIM Bank may require the guarantees of acceptable commercial banks in the event that information available to EXIM Bank on proposed private buyers suggests that these buyers by themselves do not offer a "reasonable assurance of repayment."
  • Limited-Recourse Projects. EXIM Bank will consider limited-recourse project finance structures (those without full recourse to an acceptable, established obligor or guarantor), but only after a comprehensive review of project features. These features shall include the financial commitment of the project`s equity shareholders over the life of the proposed EXIM Bank commitment; the experience and capacity of project participants, including suppliers and offtakers; project cash flow coverage of foreign currency debt service; and security structures, including hard currency external payments arrangements. EXIM Bank will review only well-developed proposals, and will require project sponsors to fund review of project proposals by consultants retained by the Bank. Significant changes to proposed structures may be required.
  • Political-Only Cover. EXIM Bank`s standard guarantee and insurance cover is "comprehensive," under which EXIM Bank will pay claims resulting from both commercial and political perils. For private borrowers, EXIM Bank also offers a narrower form of coverage, under "political-only" cover. EXIM Bank`s guarantee agreements and insurance policies describe in detail and/or define the specific risks which are subject to this form of coverage.

The following is intended as a summary: For long-term transactions, EXIM Bank covers default arising from four "core" perils: transfer risk, expropriation, U.S. export license risk and political violence. Transfer risk involves borrowers` inability to acquire foreign exchange through legal foreign exchange markets. Expropriation involves the government`s confiscation of assets or ownership, or arbitrary or discriminatory intervention in business operations. U.S. export license risk involves the cancellation or non-renewal of a U.S. export license or imposition of certain restrictions on such license after shipment. Political violence involves war, revolution, insurrection, and other such acts. Under medium-term insurance policies, EXIM Bank also covers defaults arising from other defined risks.

Suppliers and/or lenders choosing political-only cover must be prepared to assume broad commercial risks associated with the borrower`s capacity. EXIM Bank`s political-only cover does not cover defaults arising from the borrower`s capacity to withstand domestic or international commercial market disruptions, or currency devaluation or depreciation. If suppliers and/or lenders are unable to assume these and other commercial risks, then EXIM Bank comprehensive cover would be a more appropriate form of coverage.

Political-only cover is offered only for private buyers or borrowers, those which are not subject to the administration of government authorities, and for which it is possible to distinguish between commercial perils and political risk perils. Political-only cover is not available for guaranteed lenders that are majority-owned or controlled by the host country government. Political-only cover is the only form of coverage available from EXIM Bank for borrowers which are effectively controlled by suppliers and/or lenders participating in transactions. Political-only cover is available only in those countries where EXIM Bank is "open for cover" for private sector risk.

Where EXIM Bank is Off Cover for Country Credit Reasons. EXIM Bank will not consider routine transactions in countries and sectors (public or private) where the country limitation schedule indicates that the Bank is off-cover (where there is an X). However, four special categories of transactions may be eligible for EXIM Bank support, under restrictive conditions, subject to additional special review:

  • Borrowers on International Capital Markets. Individual borrowers (either public sector or private sector) with a strong record of independent access or those borrowers which in EXIM Bank`s opinion could have access to private international capital markets or other international sources of funds, absent external (including sovereign) guarantees. The fee grade assigned, and the extent of EXIM Bank support, will take into account information related to the borrower`s financings and ratings. For EXIM Bank to consider such borrowers, information on the borrower`s international borrowings for at least the last six months must accompany the application. For each traded debt security, the required information includes the maturity and coupon, credit ratings (if any), and recent yield data. For syndicated loans, the required information includes interest rates, arranging fees, maturity profile, amounts borrowed, and names of arranging and key participating banks.
  • Insulated Project Finance Structures. EXIM Bank's approval in "off-cover" markets/sectors of limited-recourse structures depends on the establishment of structures which do not require the financial or operating commitments of host government agencies and which are effectively insulated from government involvement. Furthermore, these structures must involve the channeling of project foreign exchange earnings through offshore payments and escrow mechanisms. In some country environments, the only acceptable limited-recourse structures may be "enclave" projects which are almost completely insulated from the broader country environment. The fee grade assigned, and the extent of EXIM Bank support, will take into account project structure and other conditions.
  • Secured Long-Range Aircraft Leases. EXIM Bank approval of asset-secured long-range aircraft lease transactions requires that the airline`s country of registry become a signatory to international conventions protecting aircraft property rights. EXIM Bank approval for aircraft transactions in off-cover markets is more likely for privately owned airlines with established operating records. Depending on the nature of transaction participants and structures, EXIM Bank may also require offshore payments and escrow mechanisms, or may provide a reduced percentage of cover. Aircraft transactions are subject to special fees and covenants.
  • Acceptable Borrower Outside the Country. Support may be available if an acceptable financial institution (e.g., commercial or multinational bank) outside of the country acts as the obligor.

It should be noted that these exceptions do not apply in countries where EXIM Bank is legally prohibited from operating.

#1. Discretionary Credit Limits under Short Term Insurance Policies are withdrawn. Cover not available unless specified in a Special Buyer Credit Limit endorsement, an Issuing Bank Credit Limit endorsement, or a Country Limit of Liability endorsement.

#2. For sovereign transactions in the People's Republic of China ("China"), EXIM Bank will typically require an indication of Chinese government support through the Ministry of Finance of China. For public sector non-sovereign and private sector transactions under short-, medium-, and long-term programs, EXIM Bank will consider transactions with financial institutions or other entities that are able to provide detailed financial/credit information sufficient to enable EXIM Bank to reach a credit conclusion.
 
Under the Short-Term Multi-Buyer Insurance Program, the use of Discretionary Credit Limit Authority is permitted, in accordance with policy requirements.
 
Coverage under the Working Capital Guarantee Program (WCGP) requires that the transaction be supported by an irrevocable Letter of Credit issued by a bank with an "acceptable" market rating as defined in the Short Term Credit Standards, or by a bank pre-approved by EXIM Bank. Exceptions may be made for private sector transactions that are insured for comprehensive political and commercial risk.

#3. Prior to accepting an application for a preliminary or final commitment for a public sector transaction, or for any insurance or WCGP coverage for a public sector transaction, EXIM Bank will require an indication of host government support for the application from an appropriate government authority such as the Ministry of Finance or the Central Bank. Contact EXIM Bank for more detailed information on specific markets.

#4. EXIM Bank cover/support for private sector transactions is typically limited to transactions with a commercial bank as obligor or guarantor. EXIM Bank will consider transactions without a bank undertaking on a case-by-case basis. Regarding the latter, EXIM Bank may consider corporate entities that are able to provide detailed financial information sufficient to enable EXIM Bank to reach a credit conclusion. Such information should include financial statements audited by an affiliate of an international accounting firm and prepared in accordance with International Financial Reporting Standards (IFRS), and the statements should reflect historical material bank borrowings. As conditions pursuant to which we may consider non-bank transactions vary in markets subject to this note, please contact the Credit Policy Division for further information
 
Under the Short-Term Multi-Buyer Insurance Program, a commercial bank obligor or guarantor is not required for transactions qualified under Discretionary Credit Limit Authority, in accordance with policy requirements. Under Special Buyer Credit Limit applications and Short Term Single Buyer policies (ESS, FB, FV) requirement of the commercial bank obligor or guarantor will be evaluated on a case-by-case basis.
 
Coverage under the WCGP for private sector transactions requires that the transaction be supported by an irrevocable Letter of Credit. Exceptions may be made for private sector transactions that are insured for comprehensive political and commercial risk.

#5. EXIM Bank cover/support for public sector transactions is typically limited to transactions which commit the full faith and credit of the government.

#6. Under the Short-Term Multi-Buyer Insurance Program, coverage under Discretionary Credit Limits and a Country Limits of Liability (for Political Risk Only policies) shall be the lesser of the limits authorized in the policy or:

   a. $50,000

   b. $100,000

Higher limits will be considered upon application for a Special Buyer Credit Limit endorsement, an Issuing Bank Credit Limit endorsement, or Country Limits of Liability endorsement (for Political Risk Only policies).

For more information, please visit EXIM Bank's Website at www.exim.gov or call 1-800-565-EXIM.

#7. Support legally prohibited.

#8. Public sector transactions in Sharjah, Fujairah, Ras Al-Khaimah, Umm Al-Qaywayn, and Ajman require the guarantee of the federal government of the United Arab Emirates. Coverage under the WCGP for public sector transactions for the above may be considered if supported by an irrevocable Letter of Credit. 

#9. Sovereign transactions with total term in excess of one (1) year require the Government of Aruba as the borrower. For the WCGP, a transaction may also be considered eligible if it is supported by an irrevocable Letter of Credit.

#10. When open for cover, medium- and long-term public sector transactions are subject to Ministry of Finance notification to EXIM Bank that the transaction is of the highest priority and would conform with IMF and World Bank program limits on non-concessional debt.

#11a. Public sector risk cover is available under the short-term multi-buyer and short-term single buyer insurance programs. Discretionary Credit Limits are withdrawn. Transaction structure and additional information requirements will be determined on a case-by-case basis. Public sector risk cover is also available under the WCGP, provided that the transaction is insured by an insurer acceptable to EXIM Bank or is supported by an irrevocable letter of credit or bank guarantee acceptable to EXIM Bank.

#11b. Private sector risk cover is available under the short-term multi-buyer and short-term single buyer insurance programs. Discretionary Credit Limits are withdrawn. Transaction structure and additional information requirements will be determined on a case-by-case basis. Private sector risk cover is also available under the WCGP, provided that the transaction is insured by an insurer acceptable to EXIM Bank or is supported by an irrevocable letter of credit or bank guarantee acceptable to EXIM Bank.

#12a. As a result of existing conditions in this market, EXIM Bank is currently not processing applications in the public sector. Coverage under the WCGP for public sector transactions is currently not available.

#12b. As a result of existing conditions in this market, EXIM Bank is currently not processing applications in the private sector. Coverage under the WCGP for private sector transactions is currently not available.

#13.Where the CLS indicates support is not available, EXIM Bank can still consider financing arrangements that eliminate or externalize country risks. Potentially acceptable transactions include structured transactions that earn revenues offshore in a country with no CLS restrictions and are held in a bank or trust account acceptable to EXIM Bank; third-party support from creditworthy entities in countries with no CLS restriction; and asset-backed lease and financing structures involving equipment such as aircraft.

In addition, coverage under the WCGP may be available for a transaction that is supported by an irrevocable Letter of Credit issued by a bank, and/or due from a Buyer, located in a country where EXIM Bank is open without restrictions for short-term transactions.

#14. For private sector transactions, EXIM Bank will consider transactions with financial institutions or other entities that are able to provide detailed financial information sufficient to enable EXIM Bank to reach a credit conclusion. Financial statements provided in support of the transaction should be audited by an affiliate of an international accounting firm and prepared in accordance with International Financial Reporting Standards (IFRS), and the statements should reflect historical material bank borrowings.

Coverage under the WCGP requires that the transaction be supported by an irrevocable Letter of Credit issued by a bank acceptable to EXIM Bank. Exceptions may be made for private sector transactions that are insured for comprehensive political and commercial risk.