Project & Contracting
Reem Finance is establishing Contracting Finance as a specialist area and will provide professional services to this vital sector.
The Division projects cover contractors undertaking the execution of buildings, electrical & mechanical, infrastructure, oil & gas, power & water, etc. We will leverage off the large underwriting capability of local banks and build a close association with other regional and international banks to be able to support even the largest of projects.
Credit Products on Offer
- Letter of Guarantee that are required in accordance with the contracts’ terms, such as bid bond, performance bond, advance payment guarantee etc.
- Letters of Credit with deferred payment facility
- Structured finance to satisfy the specific project requirements and general working capital needs.
- A team of experienced relationship managers to facilitate our customers in obtaining and utilizing their facilities effectively
- Understanding and structuring the need based facilities
To discuss your working capital needs with one of our staff, and to learn how Reem Finance can provide tailor-made solutions to fit your unique requirements, please contact our Projects & Contracting Finance unit.