These loans are available to our exporting customers to enable them purchase produce or crops like tobacco, rice, cotton, pigeon peas etc., locally and for export.

Loans are available against firm orders or against inward Letters of Credit as the case may be. 

You borrow locally in US Dollars, Sterling or Rand, and convert the currency to Kwacha to enable you purchase the commodities locally.

After export, customers receive US Dollars, Sterling or Rand as the case may be, and repay loans at agreed instalments in the foreign currency that they borrowed.

Exporting customers have the benefit of enjoying much lower interest rates than the Kwacha denominated borrowing interest rates. Customers also have a hedge against devaluation as they borrow in foreign currency, receive Forex for their exports and repay Forex to the bank.

Exporting customers with Dollars, Rand or Sterling receivables that export against firm orders, or Letters of Credit.