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Export Refinancing Scheme (ERS)
Giving our Bruneian exporters an extra short-term financial boost
Overview
Our Export Financing Scheme (ERS) provides direct and indirect exporters with short-term financing before and after they make a delivery. These facilities are granted to companies registered and certified as an exporter.
We started the ERS scheme with two objectives in mind:
- To encourage our SMEs to manage export activities accordingly, so as to be more competitive in the arena of free trade in the ASEAN region and internationally;
- To cultivate export activities among local SMEs as a strategy to expand market share.
Products Offered
Pre-Shipment ERS
Post-Shipment ERS
Eligibility
| Type of Business | Sole Proprietor, Partnership or Private Limited Company |
| Size of Business | No restriction |
| Registration | Companies registered or incorporated in Brunei Darussalam |
| Entity Ownership | Company should have at least 30% of its equity owned by Citizens of His Majesty Paduka Seri Baginda Sultan dan Yang Di Pertuan Negara Brunei Darussalam. |
| Targeted Industry Sectors | Agriculture Fisheries Manufacturing Forestry (downstream products) Info-Communication Technology (ICT) |
| Other Criteria | Company must be certified Direct Exporter or Indirect Exporter Applicants must be Malay citizens of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam |
| Priority will be given to: | Company must prove its capability with satisfactory performance in the field of production, processing and marketing of the promoted products or support services within the key sectors. |
Ask Us
- Questions? We're here for you. Call us, drop us an enquiry, or visit us at any of our branches.
Shariah Compliant
- All of our products and services are endorsed by BIBD's Shariah Advisory Body.
