Emporiki Bank – Bulgaria could facilitate and ensure your Business relations with suppliers and customers by issuing Letters of Guarantee (LGs) and Letters of Credit (LCs), confirming your payment capacity. LGs and LCs could be issued either against cash equivalent deposit or within a pre-approved limit, thus guaranteeing quick and easy operation.
LGs are used as financial instrument of risk protection, regarding the non-performance of one of the two parts of the contractual trade or financial engagements.