The Buyer Credit Facility is a loan extended
directly to a foreign buyer or lending institution
to facilitate the import of Malaysian goods and
services. Loan disbursements are made directly to
the Malaysian exporter / contractor. The facility
provides opportunities for the Malaysian exporter
and contractor in bidding for/performing overseas
jobs and contracts.
Terms and Conditions
Purpose
For the development, upgrading or expansion
of infrastructural facilities, plant and
building or fixed assets purchase, such as
machinery and equipment, as well as any
other Malaysian goods and services.
Margin of Financing
Up to a
maximum of 85% of Project Cost or Contract
Value. (100% to foreign government)
Eligibility
The supplier/contractor
must be a Malaysian owned and controlled
company.
For the export of
Malaysian goods and services.
Tenor
Up to a maximum of 10 years
including a grace period not exceeding 2
years.
Interest Rate
Cost of fund plus spread.
Currency
US Dollar or other applicable
currencies.
Repayment
Quarterly
Disbursement
Direct to
the supplier/contractor.
Security
Any or more
of the following: -
Corporate Guarantee.
Government
Guarantee/Bank Guarantee
Other securities
acceptable to the Bank.
Note: The terms and conditions stated above are subject to review from time to time.