New agreement CIRR funding
Amsterdam/The Hague - The Ministry of Finance and NWB Bank have signed a new agreement to offer CIRR financing through Atradius DSB.
Atradius DSB is the executor of Dutch export credit insurance. It therefore remains possible to apply for CIRR financing on most export transactions through Atradius DSB.
CIRR (Commercial Interest Reference Rates) is a low fixed interest rate agreed within an international OECD context which may be applied to export financing. Banks can apply for this through Atradius DSB together with a financing policy. In this way foreign buyers can obtain credit at a favorable fixed interest rate to do business with Dutch exporters.
NWB Bank's objective is to support government policies at the lowest possible financing costs. By refinancing Dutch exports on the basis of an internationally favorable fixed interest rate, NWB Bank helps to improve the competitive position of Dutch exporters.
You can find more information about CIRR funding on the product page.