Product Features

Denominated in both local and foreign currency.

Maximum Guarantee amount of up to UShs. 44.8 Billion

Non fund-based facility

For Bid Bonds/Securities Maximum unsecured limit of UShs 600 million

50% Security cover for other types of guarantees.

Attracts fees and commission as per tariff


Fast and easy processing

Opportunity to access an unsecured limit up too UShs. 600 million for bid guarantees /bonds only.

Client obtains credit hence easing increase in liquidity

Opportunity to secure business contracts

Accessed alongside other credit facilities

Immediate compensation to beneficiary in case of default.


Completed Bank Guarantee application form

Financial card

Possession of relevant business experience

For other types of guarantees, Security cover of up to 50% in the form of cash or mortgage on property.

In addition, For other types of guarantees, requirements similar to commercial loans.

Depending on the customer, any combination of the following will also be required;

Identification documents of the Directors

Memorandum and articles of association

Certificate of registration

Company profile

Borrowing resolution

Statement of bank accounts – 12 months

We need your consent.

We would like to use cookies to provide you with the best possible experience.
By clicking on "Accept All" you consent to our use of cookies.
For more information, refer to our cookie policy and privacy policy.