Pilatus Bank, along with its other banking partners in Europe, the US and Canada has the ability to participate or lead syndicated facilities for infrastructure and development projects.
These projects and facilities are subject to several approval and syndication processes and procedures. We strongly encourage our corporate clients to start the application process early as syndicated facilities may take longer than other facilities.
The Board of Directors of Pilatus Bank have set clear parameters within the Bank’s risk appetite for such participation with other major financial institutions who may be leading other syndications. Such global and international projects may go through a lengthy due diligence process and having a local banking partner is a crucial factor in assessing the risk mitigating factors of such applications. Therefore, we strongly encourage the applicants to get in contact with the Bank in the early stages of the feasibility phase of such projects. Private-Public Partnerships are of particular interest to Pilatus Bank with a special focus on infrastructure, housing, and utility projects.
We require our clients to maintain a current account with Pilatus Bank in order to consider a credit application. All credit applications are subject to our internal credit quality and affordability checks.