Bank Guarantee

The FBNBank Guarantee is a promise from a bank that if a particular borrower (customer) defaults on a loan, the Bank will cover the loss

Features

  • 1% commission fee
  • Tenor of 12 months
  • Targeted at duly registered businesses

Benefits

  • The use of Bank Guarantee proves a customer’s repayment abilities and credit worthiness towards his business partners

Required Documentation

  • Application letter
  • Certificate of registration of business entity
  • Audited financials
  • Company’s financials
  • Minimum 6 months Bank Statement

Who Can Apply?

  • Duly registered businesses

To apply for the Bank Guarantee,

  • Visit the nearest FBNBank Gambia branch

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