Directions

Shipment Finance

The Bank offers shipping finance to facilitate customers engaged in export and import trade. It c

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Directions

Local Purchase Order (LPO) Finance

Short-term credit facility offered to the supplier for the purpose of mobilizing resources and su

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Directions

Commodity Finance

This is a financing technique where by the commodity/good are placed at the custody and control o

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Directions

Documentary Collections

Under Documentary Collections, the Bank facilitates trading of goods between parties and collecti

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Directions

Structured Trade Finance

This is term used to describe various financing techniques or even restructuring techniques. I.e.

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Directions

Letters of Credit

A Letter of Credit (LC) is an undertaking issued by the Bank (issuing Bank) for the account of the buyer (the applicant) to pay the beneficiary (seller), pro
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Directions

Bank Guarantees

Bank guarantees are written irrevocable undertakings issued by the Bank to pay the ben- eficiary a specific sum of money on demand in the event that its cust
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