Frequently Asked Questions
Does Bauer Provide Ratings for Letters of Credit or Bank Guarantees?
When it comes to obtaining a Letter of Credit (LC), a Bank Guarantee (BG) or even a Line of Credit, it is important to remember that they are only as good as the bank that is providing the assurances. To make sure that the bank you select is credit-worthy, we suggest you purchase both a Due Diligence Report and an Analytical Report on the bank. The Due Diligence Report provides a balance sheet, income statement and several ratios comparing the bank’s performance for the current quarter to its performance during the corresponding quarter a year ago while the Analytical Report provides peer group comparisons and further breakdowns. Both reports include the bank’s current star rating.