LPB Bank extends several kinds of bank guarantees to local and foreign entrepreneurs, from payment guarantees to bid bonds, performance bonds, and quality warranties
Validity
up to 12 months (longer periods available in certain cases)
Accepted
collateral
Funds or term deposit held with the Bank
?
Financing up to 100% of the market value of the collateral
Pledge of real estate
?
Financing up to 70% of the market value of the collateral
Commercial pledge of assets
?
Financing up to 50% of the market value of the collateral
Altum guarantees
?
up to 80% of the Bank’s guarantee
