Question

How much percentage of the loan and interest will cover by Exim bank at the time of default done by the exporter up to the date of payment claim, as the lender who has fulfill all the terms and conditions of the guarantee agreement?

a. 80
b. 70
c. 100
d. 90

Answer 1

Answer:

90%

Explanation:

the outstanding principal balance of the

Loan Facility. Ex-Im Bank shall also pay the Lender 90% of the accrued interest at the note rate up

to the date of claim payment, as well as certain collateral protection costs. Ex-Im Bank does not

impose any interest rate ceiling .

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