Ithmaar Bank offers custom tailored finance solutions to its corporate and SME customers. Finance products include the following:
Working Capital Finance
Trade Finance:
- Letters of Credit
- LC Refinance
- Collection Documents
- Direct Supplier Payments
Short Term Working Capital Finance
Term Finance
- Capital Expenditure
Contract Finance:
- Contract Specific Working Capital
- Contract Specific Capital Expenditure
- Guarantee Requirements
Project Finance:
- Short Term Finance
- Long Term Finance
- Copy of Commercial Registration and constitutional documents.
- Copy of owner and authorized signatory ID;
- Board resolution;
- Three years audited financial statements reports
- Company profile.
The Bank may request for additional information based on the company type.
Requirement for opening new account for existing customers:
- Completed additional account application form.
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