DISCOUNTING PROGRESS PAYMENT CERTIFICATES
A facility provided by the bank wherein a contractor can realize his payments after completion of pre-agreed milestones.
Features:
- Large contract issuance, e.g. government contracts.
- Assignment of payment of contract proceeds in favour of NBB.
- Progress Payment Certificate will determine payment.
- Percentages are variable according to agreement with borrower.
- Competitive terms.
How to Apply:
- Email us on [email protected]
- Call your Relationship Manager
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For more information, please call +973 1721 4433