Institution details

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Banco de Inversión y Comercio Exterior - Argentina (BICE) (BICE)

Key facts

  • Established in 1991
  • Ownership: Public

Latest update: 03/12/2021

Products

  • Short-term supplier credit
  • Long-term supplier credit
  • Other products

a. Short-term supplier credit

Direct loans of up to USD 10 million, loans are made in USD and repayment tenor of up to 1 year

Coverage:

  • 80% of the amount of the outstanding commercial risk
  • 90% of the amount of the outstanding political risk

b. Long-term supplier credit

Direct loans of up to 100% of incoterms value

Loans are made in any currency traded in Argentina

Amounts financed:

  • Industrial equipment, agricultural exports, other capital goods, and services: Between USD 200,000 and USD 6 million
  • Industrial plants and lump sum turnkey projects: Between USD 200,000 and USD 10 million

Repayment tenor of between 1 and 10 years, Interest rates equal to 6-month LIBOR plus a risk margin

c. Other products

  • Facilities of up to 4 years and USD 20 million for Argentinian companies leasing agricultural equipment made in Argentina
  • Factoring services to SMEs, and a variety of trust services
  • Renewable energy project financing
  • Investment financing programs
  • Working capital financing
  • Direct loans to buyers of agricultural equipment
  • Direct loans for SMEs and special programs for SMEs led by women
  • Renewable energy investment projects
  • Regional development initiatives



Performance highlights

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