Crédito FIEM y Crédito Mixto

  • Two methods of financing

    To promote Spanish exports

  • It eliminates the risks of non-payment, both commercial and political. It improves your cash flow. You do not consume your credit facilities with Bankia.

Through the Credit FIEM (Fund for the Internationalisation of the Company) the Spanish State, via the Instituto de Crédito Oficial, gives financing to another multilateral state or institution in order to to promote the Spanish export promoting the economic growth of developing countries.

  • Formerly known as DAF (Development Aid Fund) Credits.
  • The Fund for the Internationalisation of the Company is a fund to support and promote the internationalisation of the Spanish economy.
  • There are different types of FIEM Loans (FIEM Commercial Loan; FIEM Concessional Credit) that can be differentiated by, among other characteristics, the repayment conditions between Spain and the developing country receiving the funds.
  • Bankia will act of bank payer of these funds being in constant interactuación with ICO during the fee-paying process of the Funds FIEM.

The Mixed Credit is the conjunction of a Buyer Credit and a FIEM Credit within the same structure that allows up to 100% of the export contract to be financed.

Advantages

  • You will receive payment on demand of the execution of the export contract once Bankia, as the payer bank, has certified the correct fulfillment of said contract according to the documentation presented to us.
  • Repayment and interest rate long terms very advantageous.
  • You eliminate the risks of non-payment, both commercial and political
  • You improve your working capital on turning possible future payment rights into liquidity.
  • You do not consume your credit facilities with Bankia.