Gabon

Copyrights - http://www.ondd.be Last update: 05/15/2013

ONDD can grant cover export transactions financed by both short-term credits and medium/long-term credits against political and commercial risks on open account terms (i.e. without a bank guarantee being required) and without further particular conditions. For transactions with public buyers a guarantee of the Minister of Finance is required.

Short term and
special transactions Medium/long term
and investments

Ducroire/Delcredere's ceilings for this country have been set at: 300 mn EUR 625 mn EUR

Availabilities under these ceilings to cover new transactions are: normal normal

In conformity with the OECD Arrangement the maximum reimbursement period for medium- and long-term transactions with this country has been set at 10 years. Concessional financing is excluded.

ONDD insures investments in this country against 1) war risk, 2) the risk of expropriation and government action and 3) the transfer risk regarding payment of dividends or repatriation of capital. Those risks can be insured separately or in any combination possible. Each application is decided case by case on the basis of a detailed analysis.

1,5

4.154

10.869

2,2

Sources : IBRD, IMF, OBCE/BDBH

ONDD can grant cover export transactions financed by both short-term credits and medium/long-term credits against political and commercial risks on open account terms (i.e. without a bank guarantee being required) and without further particular conditions. For transactions with public buyers a guarantee of the Minister of Finance is required.

	Short term and special transactions		Medium/long term and investments
Ducroire/Delcredere's ceilings for this country have been set at:	300	mn EUR	625	mn EUR

Availabilities under these ceilings to cover new transactions are:		normal		normal
In conformity with the OECD Arrangement the maximum reimbursement period for medium- and long-term transactions with this country has been set at 10 years. Concessional financing is excluded. ONDD insures investments in this country against 1) war risk, 2) the risk of expropriation and government action and 3) the transfer risk regarding payment of dividends or repatriation of capital. Those risks can be insured separately or in any combination possible. Each application is decided case by case on the basis of a detailed analysis.