Large project guarantees

The EBRD provides various types of guarantees. These range from all-risk guarantees whereby the Bank covers lenders against default regardless of the cause, to partial risk-specific contingent guarantees covering default arising from specified events.

In all cases the maximum exposure must be known and measurable and the credit risk must be acceptable. Precise legal definitions of the events guaranteed and pricing are handled on a case-by-case basis.

Illustration of generic products

• Debt guarantees
• Equity guarantees
• Local currency loan guarantees
• Guarantees for capital market products
• Guarantees for trade facilitationContact.

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